Over the past quarter-century, the United States has run larger and larger current account deficits. Which of the following are potential explanations:

Select one:

Investment has been increasing more (or falling less) than total savings

Investment has been increasing less (or falling more) than total savings.

US Private savings have been increasing more than public savings.

US Private savings have been increasing less than public savings.

Interest payments on US foreign liabilities have been smaller than interest received on US foreign assets.