Interest payments on the national debt are not a problem because we owe all of it to ourselves

What advice did many analysts give to postcommunist states, particularly Russia, to boost their stagnating economies?

a. to strengthen a centralized state authority b. to ignore the invisible hand of the market c. to privatize state-owned businesses

An economy is considered a small open economy if it

A) is too small to affect the world real interest rate. B) has GDP less than 1% of world GDP. C) doesn't trade internationally. D) has a zero trade balance.