Suppose this year Angola borrows 100 million from foreign ...

[maegan_martin]

Suppose this year Angola borrows 100 million from foreign countries, while it lends 15 million to other countries. Angola definitely is a
 
  A) net borrower.
  B) net lender.
  C) creditor nation.
  D) debtor nation.

Question 2

The opportunity cost of holding money increases when
 
  A) the purchasing power of money rises.
  B) the nominal interest rate rises.
  C) the price level falls.
  D) consumers' real incomes increase.

[Jevvish]

Answer to Question 1

A

Answer to Question 2

B

[maegan_martin]

Excellent

[bulacsom]

Thanks for the timely response, appreciate it