Question: Why does the deficit linkage identity show that reducing the U.S. federal deficit will increase unemployment if the (full employment) trade deficit is not reduced

 Why does the "deficit linkage identity" show that reducing the U.S.

federal deficit will increase unemployment if the (full employment) trade deficit is

Why does the "deficit linkage identity" show that reducing the U.S. federal deficit will increase unemployment if the (full employment) trade deficit is not reduced or private deficit is not increased (in the absence of other major changes in the U.S economy)? Format B UV V EV + Font V Font ... v -123 L &gt

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