A likely consequence of debt default is:
a. a decrease in the federal cost of borrowing
b. an increase in unemployment due to growing uncertainty.
c. a sudden decline in the market interest rates.
d. an increase in the credit flows in an economy.
e. a sudden increase in the investment flows in the economy.
b
Economics
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Development assistance as a percentage of GDP is greatest for which of the following industrialized nations (as of 2012)?
A. The United States. B. Norway. C. Sweden. D. Netherlands.
Economics
If U.S. prices increase relative to the rest of the world, we would expect:
A. net exports to increase. B. net exports to decrease. C. net exports to be unaffected. D. government spending to increase.
Economics