Question

Remaining Time: 18 minutes, 21 seconds Question Completion Status Od. Attracted by the high interest ates, foreigners parchase dollars in order to invest in the Uaised Stutes Oe.The greater demand forthe dollar increases its value relative to oderamencies. QUESTION Compared to 1960, by how moch did the share of outlays going to national defense drop in 2016 O a. 40 percent O b. 25 percent O c S0 percent O d. 60 pencent O e. 15 percent QUESTION 10 How long can the country run a deficir? O a. as long as borrowers are willing to finance that deficit at reasonable interest rates O b. as long as debt is risky O c. as long as lenders are willing to finance that deficit at high interest rates Od. as long as borrowers are willing to finance that deficit at high ieterest rates C e. as long as lenders are willing to finance that deficit at reasonable interest rates Click Save and Submit to save and subiir. Cick Save All Ansicers to save all ansuers MacBook Air 20 a ro 4. 2

Answer 1

1) Solution: 60 percent

Explanation: As per the statistics the share of the outlays in the national defence in 1960 was 8.6 which reduced to 3.22 in 2016 thus a reduction of 62% [= (8.6-3.22) / 8.6 *100]

2) Solution: as long as lenders are willing to finance deficit at reasonable interest rates

As long as lenders will be willing to finance deficit at reasonable rates of interest; and as long as the servicing cost resulting debt remains manageable the country may run a deficit