Author Question: In recent years, net interest on the national debt paid by the federal government as a percentage of ... (Read 81 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?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

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?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

For a complete list of videos, visit our video library