Author Question: If a country - during its entire history - has invested more in the rest of the world than the rest ... (Read 161 times)

809779 · **on:** Jun 29, 2018

If a country - during its entire history - has invested more in the rest of the world than the rest of the world has invested in it, the country is a

A) net borrower.
B) debtor nation.
C) net lender.
D) creditor nation.

Question 2

A decrease in the nominal interest rate ________ the opportunity cost of holding money.

A) increases
B) decreases
C) can increase or decrease
D) None of the above answers is correct because the nominal interest rate does not affect the opportunity cost of holding money.