Question: With respect to deficits, __________. Question 2 options: if a state has a trade deficit, it must have a budget deficit the concepts of budget

With respect to deficits, __________. Question 2 options: if a state has a trade deficit, it must have a budget deficit the concepts of budget deficit and trade deficit are used interchangeably a state can have a trade deficit without having a budget deficit a state cannot have a budget deficit and a trade deficit at the same time

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