Author Question: A debtor nation means a nation A) whose imports exceeds its exports. B) whose current account is ... (Read 112 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?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library