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Author Question: What is a debtor nation? Is the United States a debtor nation? What will be an ideal ... (Read 79 times)

panfilo

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on: Jun 29, 2018
What is a debtor nation? Is the United States a debtor nation?
 
  What will be an ideal response?

Question 2

A fall in the price of a firm's output
 
  A) decreases the firm's demand for labor.
  B) increases the firm's demand for labor.
  C) decreases the firm's supply of labor.
  D) increases the firm's supply of labor.


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bulacsom

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A debtor nation is a country that during its entire history has borrowed more from the rest of the world than it has lent to it. Although the United States was a creditor nation until the 1980s, its borrowing during the 1980s means that today the United States is a debtor nation.

Answer to Question 2

A


panfilo

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

vickybb89

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Reply 3 on: Yesterday
Excellent

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