Question: 3. In the assigned article on the U.S. current account deficit, how did Ben Bernanke explain the abundance of credit and the low level of

3. In the assigned article on the U.S. current account deficit, how did Ben Bernanke explain the abundance of credit and the low level of interest rates in the United States and Europe during the period 2000-2006, the period leading up to the financial crisis? (8 pts) 3. In the assigned article on the U.S. current account deficit, how did Ben Bernanke explain the abundance of credit and the low level of interest rates in the United States and Europe during the period 2000-2006, the period leading up to the financial crisis? (8 pts)

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