A Creditor Nation Means a Nation

question 140

Multiple Choice

A creditor nation means a nation

• A) whose exports exceed its imports.
• B) whose current account is larger than its capital account.
• C) whose current lending to the rest of the world exceeds its borrowing from the rest of the world.
• D) through its history has invested more in the rest of the world than other countries have invested in it.

---

Definitions:

Keynesian Economists

Scholars and practitioners of economics who follow and build upon the theories of John Maynard Keynes, emphasizing the importance of total spending in the economy and government interventions to stabilize economic cycles.

Private Sector

The part of the economy that is run by individuals and companies for profit and is not state controlled.

Consumption

The use of goods and services by households or individuals, representing the end-use of the production process.

Supply-Side Economists

Economists who believe that reducing taxes and regulation on businesses can stimulate economic growth by increasing supply.