[Answered] External debt results when the government spends more than it collects in revenues, whereas internal ...

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Author Question: External debt results when the government spends more than it collects in revenues, whereas internal ... (Read 80 times)

krzymel

Hero Member
Posts: 548

on: Jul 7, 2018

External debt results when the government spends more than it collects in revenues, whereas internal debt results when a government borrows money from foreign lenders.

Indicate whether the statement is true or false

Question 2

Foreign exchange rates are usually published daily in most major newspapers.

Indicate whether the statement is true or false

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Eunice618

Sr. Member
Posts: 350

Reply #1 on: Jul 7, 2018

Answer to Question 1

FALSE

Answer to Question 2

TRUE

krzymel

Hero Member
Posts: 548

Reply #2 on: Jul 7, 2018

Correct answers!

Eunice618

Sr. Member
Posts: 350

Reply #3 on: Jul 7, 2018

Great! Please up vote

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Author Question: External debt results when the government spends more than it collects in revenues, whereas internal ... (Read 80 times)

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