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O it is both borrowing and lending from other nations O it is neither borrowing nor lending from other nations O it is lending to
O it is both borrowing and lending from other nations O it is neither borrowing nor lending from other nations O it is lending to other nations O it is borrowing from other nations Question 14 (1 point) Alexander Hamilton was our first Treasury Secretary. He convinced President Washington and the Congress to honor our debts to foreigners. There is now talk about not paying foreigners back for what we have borrowed. What effect would that have? O decrease unemployment cause the U.S. dollar to drop in value cause interest rates to fall O cause foreigners to lend more to us Question 15 (1 point) What is a problem of a government running a large Debt (e.g., debt/GDP ratio of over 100%)? O The debt has to be paid by the current generation O Debt Overhang O The debt has to be paid to foreigners The large interest payments on the debt Question 16 (1 point) The Social Security Trust Fund is comprised of stocks and bonds OU.5. Treasury securities O exchange traded funds O equities and bonds
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