Of the following goods, which is most likely to be quite inelastic?

If a country is currently lending more to the rest of the world than it is borrowing from the rest of the world, the country is a

A) net borrower. B) debtor nation. C) net lender. D) creditor nation.

The major wave of defaults on home mortgages in 2007 destabilized:

A. Only the banks that directly made the mortgage loans B. Only the mortgage brokers; not the commercial banks C. Many banks including those that made the loans indirectly D. Mostly large banks, but not too many small ones