During most of the time in recent decades, the domestic government sector was
A) a net borrower.
B) a net lender.
C) neither a borrower nor a lender.
D) a major factor in keeping real interest rates low.
A
You might also like to view...
In 2012, the imaginary nation of Dorados had a population of 8,000 and real GDP of 3,000,000 . During the year its real GDP grew by about 2.9%. Which of the following sets of growth rates is consistent with this growth in real GDP?
a. 2% population growth and 6% real GDP growth b. 6% population growth and 2% real GDP growth c. 4% population growth and 7% real GDP growth d. 7% population growth and 4% real GDP growth
All of the following shift the supply of watches to the right except
a. an increase in the price of watches b. an advance in the technology used to manufacture watches c. a decrease in the wage of workers employed to manufacture watches d. manufacturers' expectations of lower watch prices in the future. e. All of the above cause an increase in the supply of watches.
A recent study of the Canadian health care system estimates that a significant portion of the difference between health care spending in the U.S. and Canada is due to age differences between the two populations. Other reasons for lower health care spending in Canada include:
a. comprehensive first dollar coverage for all medically necessary health care services. b. better access to advanced medical imaging in Canada. c. is the geographic isolation of much of the Canadian population, which is a natural deterrent to accessing medical services. d. the monopsony power of the Canadian provincial health plans in negotiating fees with physicians' associations and other providers. e. significant excess capacity of inpatient beds in the Canadian hospital system.
International trade and global competition has forced American businesses to:
A. Raise production costs B. Improve productivity C. Become less efficient D. Redistribute income to workers