One reason the Chinese buy a great deal of U.S. government debt is because:
A. they have dollars left over from the sale of their goods to the U.S. and want to buy something dollar denominated.
B. the risk involved is lower for U.S. government bonds than for any other government bond in the world.
C. the rate of return for U.S. government bonds is higher than any other investment.
D. owning US debt is a sign of economic prosperity for China.
A. they have dollars left over from the sale of their goods to the U.S. and want to buy something dollar denominated.
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Growth in the Solow residual was slowest in the
A) 1950s. B) 1960s. C) 1970s. D) 1980s.
In general, when people talk about investing, they mean that they:
A. have lent their money to someone who will use it to buy physical capital. B. have put money in the stock market. C. hold stocks or bonds. D. All of these statements are true.