How did the United States become the worlds largest debtor nation in the 1980s?
Question:
How did the United States become the world’s largest debtor nation in the 1980s?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The United States became the worlds largest debtor nation in the 1980s primarily due to a combination of factors including fiscal policies trade imbal...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Since their independence, developing nations have been net recipients of foreign debt from developed nations to finance their development plans. Many of the poorest countries of the world are...
-
How did the United States go from being the worlds largest creditor nation to the worlds largest debtor?
-
In August 2010, Britains GlaxoSmithKline PLC (GSK) was facing the possibility that its highly profitable diabetes drug Avandia would have to be withdrawn from the US market. Sales of Avandia had...
-
Find the inverse of each of the given matrices by the method of Example 1 of this section. Data from Example 1 Find the inverse of the matrix First, we interchange the elements on the principal...
-
Friesen, Walters, and Onley have Capital balances of $12,000, $6,000, and $6,000, respectively. The partners share profits and losses as follows: a. The first $40,000 is divided based on the...
-
One kilo mole Ar and one kilo mole O2 is heated up at a constant pressure of 100 kPa to 3200 K, where it comes to equilibrium. Find the final mole fractions for Ar, O2, and O.
-
Weekly salaries (in dollars) for a sample of construction workers are listed. (a) Find the mean, median, and mode of the salaries. Which best describes a typical salary? (b) Find the range, variance,...
-
Partial adjusted trial balance data for Parsons Company is presented in BE3-9. In BE3-9, The adjusted trial balance of Parsons Company at December 31, 2014, includes the following accounts: Owners...
-
Discuss how the business make decisions in the context of the behaviour of the various cost of production? Required ( have to be included) : Communicating of cost behaviour from accountant to...
-
If the U.S. dollar appreciated against the Japanese yen, what would you expect to happen to U.S. net exports to Japan?
-
How reasonable is it for every country to follow policies aimed at increasing net exports?
-
Semiannual deposits beginning with $500 and increasing by a continuously compounded 20 percent, are made to a fund paying a nominal 10 percent per year compounded continuously. a. What will the fund...
-
A biologist decided that she wanted to have $\$ 54,267.89$ in her account in 10 years, and she found a bank which compounded monthly at $6 \%$. What are her monthly payments to achieve her goal of...
-
A testing laboratory requires a new DRIE machine with a cost of $\$ 499,000$, and in this high-tech industry the machine will have a salvage value of $\$ 40,000$ at the end of 10 years of service....
-
Why is the concept of an ongoing concern important to the interpretation of financial statements?
-
If \(X_{t} \sim N(0, t)\), calculate the distribution of \(\left|X_{t} ight|\). Calculate \(\mathbf{E}\left|X_{t} ight|\) and \(V\left(\left|X_{t} ight| ight)\).
-
You are faced with making a decision on a large capital investment proposal. The capital investment amount is $\$ 640,000$. Estimated annual revenue at the end of each year in the eight-year study...
-
A fan blade rotates with angular velocity given by wu (t) =Y - Bt2, where Y = 5.00 rad/s and p = 0.800 rad/s3. (a) Calculate the angular acceleration as a function of time. (b) Calculate the...
-
The first law of thermodynamics is sometimes whimsically stated as, You cant get something for nothing, and the second law as, You cant even break even. Explain how these statements could be...
-
The market expects a stock to return 8.96%over then ext year. The stock's beta is 1.92. If the risk free is 1.99% and the market risk premium is 5.36%, what is the stock's alpha? You are analyzing a...
-
Section 2: Long answers. (40 marks). Problem 1: American Company is interested in obtaining quick estimates of the supply and demand curves for coal. The firm's research department informs you that...
-
FTMS Company currently has an income of 9.40 million dollars and this cash flow of the company no permanent growth. Company currently paying all earnings above as dividends. FTMS has a chance. The...
Study smarter with the SolutionInn App