Which statement is true?
A) In both the 19th century and since the 1980s we borrowed from foreigners to finance both capital expansion and consumption.
B) In neither the 19th century nor since the 1980s we borrowed from foreigners to finance both capital expansion and consumption.
C) In the 19th century we borrowed from foreigners to finance capital expansion and since the 1980s we borrowed to finance consumption.
D) In the 19th century,we borrowed from foreigners to finance consumption and since the 1980s we borrowed to finance capital expansion.
Correct Answer:
Verified
Q8: Over the last decade,foreigners have been exercising
A)a
Q9: Which statement is true?
A)The U.S.is both the
Q10: In recent years
A)our current account and capital
Q11: Which statement is false?
A)Foreigners have reinvested most
Q12: Our basic problem with respect to our
Q14: As the dollar is devaluated
A)inflationary pressures are
Q15: Which statement is true?
A)Foreigners are holding over
Q16: Each of the following is a requirement
Q17: We began running consecutive annual trade deficits
A)before
Q18: Which statement is false?
A)Trade is the largest
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