In Recent Years,the Growth in Foreign-Owned Debt Has

question 103

Multiple Choice

In recent years,the growth in foreign-owned debt has

• A) substantially weakened the U.S.economy.
• B) helped the U.S.economy by keeping the supply of loanable funds higher than it would be otherwise.
• C) harmed the U.S.economy by driving up the cost of borrowing.
• D) harmed the U.S.economy by sending jobs overseas.
• E) not affected the U.S.economy.

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Definitions:

Rifting

The process of the Earth's crust being pulled apart, leading to the formation of rift valleys and potentially new ocean basins.

Subsidence

The gradual sinking or settling of an area of land, which can be caused by natural processes or human activities.

Continental Platform

A broad region that surrounds the continental shield and typically exposes horizontal to gently dipping sedimentary rocks.

Crystalline Basement

The crystalline (metamorphic and igneous) rocks that underlie sedimentary and volcanic rocks in an area; widely exposed in the continental shield.