Answer:
True
Explanation:
The theory by Paul Samuelson postulated that trade liberalisation makes a rich country worse off when trading with a poor country.
Paul Samuelson being the American that won the Nobel Peace Prize in Economics, was also called the Father of Modern Economics.
He authored the best-selling economics textbook: Economics: An Introductory Analysis, which is considered an authority in Keynesian Economics.
Answer:
b
Explanation:
An example of credit is when a person borrows money from a finance company to buy a car. Once credit is extended to a person and is used for a purchase, the credit is converted to a debt, and the person has the financial obligation to repay the loan.
A workout is also referred to as the conditioning phase of a training session
<span>Subprime lending rates are higher than prime lending rates and are commonly offered to people with poor credit scores. When people have poor credit scores, they are given out loans with high interest rates because the lenders need to protect themselves incase the person does not pay or does not pay on time. When this happens, they are given subprime lending rates. </span>
