The external debt can place a continuing burden on the United States by reducing consumption in the United States

Indicate whether the statement is true or false

T

Economics

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What is the significance of the slope on a two-product budget line? What effect does a change in income have on the slope? A change in product price?

Please provide the best answer for the statement.

Economics

A recommended policy for DVCs to implement that promotes economic growth is:

A. Establishing realistic policies for exchange rates B. Obtaining more low-interest loans from the U.S. government C. Encouraging more tariffs and quotas to protect DVC businesses D. Discouraging direct foreign investment to make DVCs more self-sufficient

Economics