Question

Trade deficits and capital deepening. The united states ran large trade deficits during the 1980s and 1990s. How would you determine whether these trade deficits led to increased or decreased capital deepening?

Answer 1

Answer:

What is capital deepening, and how does it contribute to economic growth? The process of increasing the amount of capital per worker. It is one of the most important sources of growth in modern economies. #⃣✌♥️#⃣✌♥️They are used to balance the right of the individual with the concept of public good.