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Author Question: Most of the U.S. national debt is owed to ____. Thus a rising national debt implies that there will ... (Read 66 times)

wenmo

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Most of the U.S. national debt is owed to ____. Thus a rising national debt implies that there will be a future redistribution of income and wealth in favor of ____.
 a. foreigners; foreigners
  b. other U.S. citizens; bondholders
  c. foreigners; those needing government services
  d. other U.S. citizens; those needing government services

Question 2

Purchases of foreign assets by U.S. residents are tabulated in the U.S. balance of payments as a:
 a. capital inflow. b. capital outflow.
  c. current account outflow. d. unilateral transfer.



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jointhecircus

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Answer to Question 1

b

Answer to Question 2

b




wenmo

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


covalentbond

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Reply 3 on: Yesterday
:D TYSM

 

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