This topic contains a solution. Click here to go to the answer

Author Question: Most of the U.S. national debt is owed to ____. Thus a rising national debt implies that there will ... (Read 97 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
Most of the U.S. national debt is owed to ____. Thus a rising national debt implies that there will be a future redistribution of income and wealth in favor of ____.
 a. foreigners; foreigners
  b. other U.S. citizens; bondholders
  c. foreigners; those needing government services
  d. other U.S. citizens; those needing government services

Question 2

Purchases of foreign assets by U.S. residents are tabulated in the U.S. balance of payments as a:
 a. capital inflow. b. capital outflow.
  c. current account outflow. d. unilateral transfer.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jointhecircus

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

b

Answer to Question 2

b




wenmo

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
Wow, this really help


amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

For a complete list of videos, visit our video library