A net borrower is a country that ________, while a net lender is a country that ________
A) borrows more than it lends; owes more to foreigners than foreigners owe to it
B) decreases its stock of outstanding foreign debt; lends more than it borrows
C) borrows more than it lends; lends more than it borrows
D) lends more than it borrows; borrows more than it lends
C
Economics
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Which of the following would be most likely to cause an outward shift of the demand curve for electricity?
a. a decrease in the price of electricity b. an increase in the price of air conditioners c. an increase in the price of heating oil d. a decrease in the price of natural gas
Economics
Costs of renewing contracts or printing new price lists are known as
A. implicit economic costs. B. operating costs. C. menu costs. D. opportunity costs.
Economics