Author Question: A debtor nation means a nation A) whose imports exceeds its exports. B) whose current account is ... (Read 84 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
A debtor nation means a nation
 
  A) whose imports exceeds its exports.
  B) whose current account is less than its capital account.
  C) whothrough its historyhas invested less in the rest of the world than other countries have invested in it.
  D) whose current lending to the rest of the world exceeds its borrowing from the rest of the world.

Question 2

If the economy is in long run equilibrium and aggregate demand increases, then in the short run
 
  A) nothing happens because the economy is in long run equilibrium.
  B) the price level rises and real GDP does not change.
  C) real GDP increases and the price level does not change.
  D) the price level rises and real GDP increases.



gcook

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library