The ratio of government debt to GDP since 1940 indicates that the U.S. has mostly been:
a. a net creditor by at least 20% of the value it produces each year.
b. a net creditor by at least 10% of the value it produces each year.
c. a net borrower by at least 20% of the value it produces each year.
d. a net borrower by at least 40% of the value it produces each year.
c
Economics
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A corporation that operates in several countries, but produces all of its output in its domestic country, is called a(n)
a. sole proprietorship b. international partnership c. multinational corporation d. international corporation e. domestic corporation
Economics