A debtor nation means a nation
A) whose imports exceeds its exports.
B) whose current account is less than its capital account.
C) whothrough its historyhas invested less in the rest of the world than other countries have invested in it.
D) whose current lending to the rest of the world exceeds its borrowing from the rest of the world.
Question 2
If the economy is in long run equilibrium and aggregate demand increases, then in the short run
A) nothing happens because the economy is in long run equilibrium.
B) the price level rises and real GDP does not change.
C) real GDP increases and the price level does not change.
D) the price level rises and real GDP increases.
U.S. oil imports
Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do
Bipolar disease. The term bipolar means “pertaining to two poles.” The individual with this form of
A mere one-half percent of Americans owns over a quarter of the entire nation’s wealth. Very few ...
Drawing of Central PompeII In Its Current State
What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ...