superdragonfire45 superdragonfire45

14-09-2021
Social Studies

contestada

How does the “global savings glut” help explain the trade deficit?

Respuesta :

ascalise697 ascalise697

14-09-2021

Answer:

the trade deficit increased, interest rates were kept low, demand for capital and residential investment rose, and the incentive to save decreased in the United States.

Explanation:

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