What department of the federal government issues public debt and in what form?
a. Department of Commerce issues the debt and the debt is in the form of Fed bonds, Fed bills, and Fed notes
b. The Federal Reserve issues the debt and the debt is in the form of Treasury bonds, Treasury bills, and Treasury notes
c. The Federal Reserve issues the debt and the debt is in the form of Fed bonds, Fed bills, and Fed notes
d. Department of the Treasury issues the debt and the debt is in the form of Treasury bonds, Treasury bills, and Treasury notes
e. Department of Commerce issues the debt and the debt is in the form of its own bonds, bills, and notes
D
You might also like to view...
For an economy, aggregate demand equals:
a. consumption plus investment plus government spending plus exports. b. consumption plus investment plus government spending plus (exports minus imports). c. consumption plus investment plus (taxes minus transfers) plus (exports minus imports). d. consumption plus investment plus government spending plus net exports (imports minus exports).
The main purpose of the Fed is to:
a. serve as the bankers' bank for member banks. b. regulate interest rates. c. print Federal Reserve Notes. d. regulate financial institutions. e. maintain the proper functioning of our money system.
If the economy is producing output at the potential level of GDP, then:
a. an expansionary fiscal policy will increase real GDP in the long run. b. deficit spending by the federal government will increase prices in the long run. c. deficit spending will increase both, the real GDP and the prices in the long run. d. a tax increase will not lower the aggregate demand.
Draw individual demands for caviar for Al, Barbara, Chuck, and Denise where Al's demand is relatively inelastic, Barbara's is elastic, Chuck's is upward sloping, and Denise refuses to eat caviar at any price. Then draw the corresponding market demand