Multiple Choice
A nation that is a net borrower each year over time will become a ________ nation. A nation that is a net lender each year over time will become a ________ nation. Since the early 1980s, the United States has been a ________ due to the current account ________.
A) debtor; creditor; net lender; surpluses
B) creditor; debtor; net lender; surpluses
C) creditor; debtor; net borrower; deficits
D) debtor; creditor; net borrower; deficits
E) creditor; debtor; net lender; deficits
Correct Answer:
Verified
Correct Answer:
Verified
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