About what percentage of marketable national debt is held by foreigners?

A) 5 percent
B) 15 percent
C) 25 percent
D) 50 percent


D

Economics

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Temporary, short-term discount loans to banks in areas in which agriculture and tourism are important are known as

A) primary credit. B) secondary credit. C) seasonal credit. D) repo loans.

Economics

A firm's demand for labor is downward sloping because of

A) diminishing marginal productivity of labor. B) diminishing marginal utility. C) price pressure. D) workers' increased willingness to work at a higher wage.

Economics

Suppose that twenty-five years ago a country had nominal GDP of $1,000, a GDP deflator of 200, and a population of 100 . Today it has nominal GDP of $3,000, a GDP deflator of 400, and population of 150 . What happened to the real GDP per person?

a. It more than doubled. b. It increased, but it less than doubled. c. It was unchanged. d. It decreased.

Economics

An increase in the price of product B leads to an increase in the demand for product C. This indicates that products B and C are

A. normal goods. B. inferior goods. C. complementary goods. D. substitute goods.

Economics