Let G stand for government spending, T for taxes, I for private investment, and S for private saving. Complete the following equation for the current account deficit: Current Account Deficit =(GIS) Which of the following statements about the current account deficit are correct? Check all that apply. A successful reduction of a nation's current account deficit must be supported by complementary policies in foreign nations with large current account surpluses. A current account deficit always causes huge problems for a nation's economy. A nation's current account deficit can be caused by a net financial inflow. Using a current account deficit to finance domestic consumption may result in a burden for a nation's economy. Decreasing a current account deficit is entirely in the hands of the home nation. Which of the following could explain why a current account deficit may stimulate an economy? Foreign purchases of U.S. securities increase long-term interest rates. Increased imports displace workers in import-competing industries. Foreign purchases of U.S. assets can stimulate the U.S. economy