If a country - during its entire history - has invested more in the rest of the world than the rest of the world has invested in it, the country is a
A) net borrower.
B) debtor nation.
C) net lender.
D) creditor nation.
D
Economics
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Which of the following occurs when goods in a market are being produced and sold at the lowest possible average cost?
a. Productive efficiency b. Monopolistic competition c. Allocative efficiency d. Perfect competition
Economics
During the stock market crash of October 1987, the Fed
a. raised the discount rate. b. raised reserve requirements. c. increased lending to member banks. d. sold government securities.
Economics
Open-market operations are the tool used least frequently by the Fed to alter the reserves of the banking system.
a. true b. false
Economics