Over its history, Spain has loaned more money abroad than foreigners have lent to it. Spain is a
A) net lender.
B) net borrower.
C) creditor nation.
D) debtor nation.
C
Economics
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Which of the following statements is TRUE?
A) Real GDP fluctuates around potential GDP. B) Potential GDP fluctuates around real GDP. C) Potential GDP is the same as real GDP. D) When all of the economy's resources are fully employed, the value of production is called real GDP.
Economics
Equilibrium price is _____ and equilibrium quantity is _____ units.
A. $4; 4
B. $6; 10
C. $8; 16
D. $8; 10
Economics