A country that is borrowing more from the rest of the world than it is lending is called a
A) net debtor.
B) net loaner country.
C) net lender.
D) net borrower.
E) net creditor.
D
You might also like to view...
The productivity slowdown in the U.S. can be explained by geographic limitations and instability in the government
a. True b. False Indicate whether the statement is true or false
The required reserve rate set by the Fed is ten percent of all checkable deposits. A bank sells $1 million of U.S. Treasury securities it owns to the Fed. Describe what this transaction does to the bank's total reserves, its required reserves and its excess reserves.
What will be an ideal response?
Your neighbors have offered to pay you to look after their dog while they are on vacation. It will take you one hour per day to feed, walk, and care for the dog, which you can do either before or after you go to work. Your regular job pays $10 per hour, and you can work up to eight hours per day. The smallest amount of money you would accept to look after your neighbor's dog is equal to:
A. $15 per day, because overtime wages are generally 1.5 times your regular wage when you work more than eight hours a day. B. the value of one hour of leisure, which is greater than zero. C. zero, because your regular job is not available for more than eight hours per day. D. $10 per day, because that is your opportunity cost of one hour of work.
Takeovers and takeover attempts waste valuable capital.
Answer the following statement true (T) or false (F)