A Nation That Is a Net Borrower Each Year Over

question 38

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)creditor; debtor; net lender; deficits
• B)debtor; creditor; net lender; surpluses
• C)debtor; creditor; net borrower; deficits
• D)creditor; debtor; net borrower; deficits
• E)creditor; debtor; net lender; surpluses

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Definitions:

Decision-making Model

A structured approach to making choices among alternatives, often involving steps such as problem identification, alternative generation, and evaluation.

Special Order

A one-time customer order for a product or service, often requiring a unique set of specifications or considerations outside regular offerings.

Idle Capacity

Unused or underused production capability, which occurs when a business has more resources available than is required to maintain its current level of production.

Traced Costs

Direct costs, such as materials and labor, that can be directly linked to the production of specific products or services.