Solved

One Reason the Chinese Buy a Great Deal of U

Question 27

Multiple Choice

One reason the Chinese buy a great deal of U.S. government debt is because:


A) they have dollars left over from the sale of their goods to the U.S. and want to buy something dollar denominated.
B) the risk involved is lower for U.S. government bonds than for any other government bond in the world.
C) the rate of return for U.S. government bonds is higher than any other investment.
D) owning US debt is a sign of economic prosperity for China.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents