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The twin deficits phenomena in the USA mean: The U.S. deficits in both trade and capital accounts The deficits of the federal and state governments

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The "twin deficits" phenomena in the USA mean: The U.S. deficits in both trade and capital accounts The deficits of the federal and state governments The deficits of the federal government and the U.S. current account deficits The deficits of the federal government and big business

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