Most of the U.S. national debt is owed to ____. Thus a rising ...

[wenmo]

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.

[jointhecircus]

Answer to Question 1

b

Answer to Question 2

b

[wenmo]

TYSM

[frankwu0507]

Thanks for the timely response, appreciate it