Author Question: If a country is currently borrowing more from the rest of the world than it is lending to the rest ... (Read 153 times)

Themember4 · **on:** Jun 29, 2018

If a country is currently borrowing more from the rest of the world than it is lending to the rest of the world, the country is a

A) net borrower.
B) debtor nation.
C) net lender.
D) creditor nation.

Question 2

The demand for money is ________ related to the nominal interest rate.

A) positively
B) negatively
C) not
D) None of the above answers is correct because the relationship between the demand for money and the nominal interest rate changes with the inflation rate.