The debt service ratio is defined as
(a) the ratio of total debt to export earnings.
(b) the ratio of total debt to GDP.
(c) the ratio of payments on foreign debt to export earnings.
(d) the ratio of payments on foreign debt to GDP.
C
You might also like to view...
Immigration into the U.S. over the past century has caused the percentage of immigrants in the U.S. population to
A) fall steadily until the 1970s and increase thereafter. B) remain relatively constant over the time period. C) fall steadily over the entire century. D) rise steadily over the entire century. E) rise steadily until the 1970s and fall thereafter.
The new classical view of budget deficits assumes that
a. people view government bonds as an addition to their wealth. b. individuals do not anticipate the tax liability implied by deficit spending. c. increased government borrowing will raise the interest rate and retard private borrowing and capital formation. d. if future taxes (debt) are substituted for current taxes, people will save the reduction in current taxes in order to pay the higher future taxes.
Pure public goods involve positive externalities.
A. True B. False C. Uncertain
All of the following are international (as opposed to domestic) policy goals for the United States except:
A. a balance of trade. B. an increase in exports relative to imports. C. a strong dollar. D. low inflation.