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Author Question: In recent years, net interest on the national debt paid by the federal government as a percentage of ... (Read 83 times)

panfilo

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  • Posts: 572
on: Jun 30, 2018
In recent years, net interest on the national debt paid by the federal government as a percentage of GDP is equal to approximately:
 a. 1 to 3 percent.
  b. 5 to 9 percent.
  c. 10 to 14 percent.
  d. 15 to 19 percent.
  e. 20-25 percent.

Question 2

Which of the following transactions would be excluded in the capital account?
 a. A Japanese citizen purchases a U.S. Treasury bill.
  b. A Japanese citizen purchases an office building in Manhattan.
  c. A U.S. citizen purchases a share of stock from a Japanese company.
  d. An American purchases a Toyota.


akpaschal

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  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


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