The five options available to the U.S. Treasury for financing government spending are as follows: collecting taxes, printing currency, borrowing from the Federal Reserve, borrowing from the public, and

A) expanding the money supply.
B) devaluing the dollar.
C) borrowing from the banking system.
D) raising bank reserve requirements.


C

Economics

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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 

A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C

Economics

Giffen goods violate the law of demand

a. True b. False Indicate whether the statement is true or false

Economics

In a competitive market, the price of a product

a. is determined by buyers, and the quantity of the product produced is determined by sellers. b. is determined by sellers, and the quantity of the product produced is determined by buyers. c. and the quantity of the product produced are both determined by sellers. d. None of the above is correct.

Economics

Under perfect competition, firms produce the ________ level of output because price equals marginal cost.

A. equitable B. most costly C. efficient D. greatest

Economics