A nation's investment must be financed by
A) national saving only.
B) the government's budget deficit.
C) borrowing from the rest of the world only.
D) national saving plus borrowing from the rest of the world.
Question 2
The historical record for the United States for the past 100 years shows
A) growth in real GDP per person during most years.
B) economic growth for about half the years and economic decline for the other half.
C) growth until 1970 and then a period of constant per person real GDP.
D) continuous economic growth, although at different rates, throughout the entire century.