Author Question: A nation that is a net borrower each year over time will become a ________ nation. A nation that is ... (Read 147 times)

magmichele12 · **on:** Jun 29, 2018

A nation that is a net borrower each year over time will become a ________ nation. A nation that is a net lender each year over time will become a ________ nation.

Since the early 1980s, the United States has been a ________ due to the current account ________.
A) creditor; debtor; net lender; surpluses
B) creditor; debtor; net borrower; deficits
C) debtor; creditor; net borrower; deficits
D) creditor; debtor; net lender; deficits
E) debtor; creditor; net lender; surpluses

Question 2

If the government increases unemployment benefits, then the equilibrium amount of employment ________ and potential GDP ________.

A) increases; increases
B) does not change; does not change
C) increases; decreases
D) decreases; decreases
E) decreases; increases