iz2-spring-2021-post.pdf - Adobe Reader View Window Help 139% Fill & Sign Com 6. Since the early 1990s, U.S. net capital outflow (i.e. net foreign lending) has been a. negative, meaning that foreigners were buying more capital assets from the United States than Americans were buying abroad. b. negative, meaning that Americans were buying more capital assets abroad than foreigners were buying from the United States. c. positive, meaning that foreigners were buying more capital assets from the United States than Americans were buying abroad. d. positive, meaning that Americans were buying more capital assets abroad than foreigners were buying from the United States. 7. According to the twin deficits mechanism, if taxes are cut without cutting government spending, then the short-run international effect will initially be a (net) capital and a trade a. inflow; deficit b. inflow: surplus c. outflow; deficit d. outflow; surplus 10:46 AM W 5/1/2021 X er O Type here to search