Which of the following would help reduce the future burden of the U.S. Public Debt?
A) worldwide demand for buying and holding U.S. debt decreases
B) the Fed creates enough new currency to buy all of it back
C) the eligibility for and size of Social Security benefits is reduced
D) the working age population decreases
Answer: C) the eligibility for and size of Social Security benefits is reduced
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Fluctuations in economic performance is one of the two basic issues of macroeconomics. The other is
A) tracking unemployment. B) monitoring inflation rates. C) long-run economic growth. D) keeping interest rates in check.
The table above shows the total utility from the two goods Freddy likes to consume. The marginal utility Freddy receives from consuming an extra bag of Fritos
A) depends on the quantity of fruit drinks consumed. B) decreases as he consumes more bags of Fritos. C) decreases as he consumes more fruit drinks. D) equals 75 when he consumes 2 bags of Fritos.
Margin calls are more likely to happen when markets are:
A. crashing. B. booming. C. stable. D. irrational.
nder the Bretton Woods system, ______.
a. governments maintained stable exchange rates by buying or selling currencies or reserves b. exchange rates were very flexible and experienced little government intervention c. governments allowed exchange rates to fluctuate freely d. market forces totally determined exchange rates