What determines the creditworthiness of any organization, including the federal government?

a. the size of its debt relative to its income base
b. the interest rate at which it can borrow money
c. the length of time it has existed
d. the length of time it is expected to operate

A

Economics

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Potential GDP refers to the level of

A) real GDP in the short run. B) real GDP in the long run. C) nominal GDP in the long run. D) nominal GDP in the short run.

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A prohibitive tariff has

A) only revenue effects. B) only protective effects. C) both protective and revenue effects. D) neither protective nor revenue effects.

Economics