If a country lends more to foreign countries than it borrows from foreign countries in a year, then definitely during that year
A) it has a current account deficit.
B) it is a creditor nation.
C) it is a debtor nation.
D) it is a net lender.
D
Economics
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The relationship of dead capital to inefficient production is
A) without clear ownership it is not possible to sell or transfer a resource so that it can be used efficiently. B) that outdated equipment will lead to inefficient production. C) nonexistent since the capital is already dead. D) that when the dead capital is replaced by more technologically advanced capital, economic growth occurs.
Economics
Owners may have little to do with the management of the firm in the case of
A) partnerships. B) corporations. C) proprietorships. D) either corporations or proprietorships.
Economics