A nation that currently has a surplus in its capital account is called a
A) debtor nation.
B) net lender.
C) net borrower.
D) current account surplus nation.
E) creditor nation.
C
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A nation that is a net borrower each year over time will become a ________ nation. A nation that is a net lender each year over time will become a ________ nation
Since the early 1980s, the United States has been a ________ due to the current account ________. A) creditor; debtor; net lender; surpluses B) creditor; debtor; net borrower; deficits C) debtor; creditor; net borrower; deficits D) creditor; debtor; net lender; deficits E) debtor; creditor; net lender; surpluses
An inflation rate of 5% between 2015 and 2016 would be implied by a change in the GDP deflator from ________ in 2015 to ________ in 2016
A) 105; 115 B) 400; 420 C) 200; 205 D) 375; 390
Rents can be derived from any factor used in production
Indicate whether the statement is true or false
The GDP of an economy is equal to the sum of the values of its consumption expenditure, investment expenditure, government expenditure, exports, and imports
a. True b. False Indicate whether the statement is true or false