Author Question: In recent years, net interest on the national debt paid by the federal government as a percentage of ... (Read 42 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
In recent years, net interest on the national debt paid by the federal government as a percentage of GDP is equal to approximately:
 a. 1 to 3 percent.
  b. 5 to 9 percent.
  c. 10 to 14 percent.
  d. 15 to 19 percent.
  e. 20-25 percent.

Question 2

Which of the following transactions would be excluded in the capital account?
 a. A Japanese citizen purchases a U.S. Treasury bill.
  b. A Japanese citizen purchases an office building in Manhattan.
  c. A U.S. citizen purchases a share of stock from a Japanese company.
  d. An American purchases a Toyota.



akpaschal

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

a

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

For a complete list of videos, visit our video library