The longest term security sold by the US is the:
A. Treasury bonds.
B. Treasury notes.
C. certificate of deposit.
D. Treasury bills.
A. Treasury bonds.
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Disclosure laws:
A. are an example of how government attempts to assert control over what we eat. B. always help solve information asymmetry, but can cause other problems. C. can result in information overload. D. All of these statements are true.
A monopolistically competitive firm derives its ability to influence price from: a. the perfectly elastic demand curve it faces
b. barriers to entry. c. its product, which is differentiated in some way from competing products. d. its position as the sole supplier in the market.
A firm is producing 10,000 units of output in two plants, A and B, and each plant is producing 5,000 units of output. The marginal cost in plant A is $10 and the marginal cost in B is $6. To reduce the cost of producing 10,000 units the firm should
A. produce less in A and more in B. B. produce more in A and less in B. C. do nothing since the output in each plant is equal. D. produce it all in B because B is the lower cost plant.
Changes in government spending
A. are an indirect component of the expenditures schedule. B. have a different multiplier effect than changes in business investment spending. C. are a direct component of the expenditures schedule and have the same multiplier effect as changes in business investment spending. D. do not have an effect on spending if they are matched by tax changes.