As the interest rate increases, the opportunity cost of a. both ...

[scienceeasy]

As the interest rate increases, the opportunity cost of
 a. both c and e are correct
  b. past consumption decreases
  c. saving increases
  d. current consumption increases
  e. borrowing decreases

Question 2

Utopia would be a debtor nation
 a. if consumers in other countries bought goods and services from Utopia
  b. only if it had a deficit in its current account
  c. only if it had a deficit in its balance of goods and services
  d. if it had a deficit in its balance of trade
  e. if it had a deficit after adding together the balances in both its current account and its capital account

[Mholman93]

Answer to Question 1

D

Answer to Question 2

B