The entry of China and other developing countries into the global economy ________ the value of marginal product of factory workers in the United States and ________ their wage rate

In the 1980s, the United States on net ________ foreign nations so that its private firms could absorb through domestic investment ________ goods than what was being left for them by national saving

A) borrowed from, more B) borrowed from, fewer C) lent to, more D) lent to, fewer

Countries like Germany, Russia, and Zimbabwe have experienced hyperinflation within the last century. It occurred mainly due to the

A. the lack of inflationary controls. B. government mistakenly believed it could “inflate” way its debt. C. government-run dictatorships. D. government believed its policies would attract foreign investment.