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USCorporation Well's Petroleum Borrows Money to Build an Oil Well

Question 17

Multiple Choice

U.S.corporation Well's Petroleum borrows money to build an oil well in Texas and to build another in Venezuela.


A) The borrowing for the well in the U.S.and the well in Venezuela both count as part of the demand for loanable funds in the U.S.market.
B) Neither the borrowing for the well in the U.S.nor the well in Venezuela count as part of the demand for loanable funds in the U.S.market.
C) The borrowing for the well in the U.S.counts as part of the demand for loanable funds in the U.S.The borrowing for the well in Venezuela does not count as part of the demand for loanable funds in the U.S.market.
D) The borrowing for the well in Venezuela counts as part of the demand for loanable funds in the U.S.The borrowing for the well in the US.does not counts as part of the demand for loanable funds in the U.S.market.

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