The debt ceiling is:
a. a limit on the total amount of money the Fed can borrow from the government
b. the minimum amount of money the Fed can borrow from other commercial banks.
c. a limit on the total amount of money the federal government can legally borrow.
d. the maximum amount of money the state governments are allowed to use for public outlays.
e. the maximum amount of money the state governments can borrow from the Fed.
c
You might also like to view...
Refer to Figure 4-2. What area represents the decrease in producer surplus when the market price falls from P2 to P1?
A) B + D B) A + B C) C + E D) A + C + E
________ in the foreign interest rate causes the demand for domestic assets to shift to the ________ and the domestic currency to depreciate, everything else held constant
A) An increase; right B) An increase; left C) A decrease; right D) A decrease; left
Answer the following statement(s) true (T) or false (F)
1. Unwanted materials that pose a substantial threat to human health or the environment are referred to as municipal solid wastes. 2. Types of hazardous substances include heavy metals, acids, and solvents. 3. The most common type of damage linked to hazardous wastes is water and soil contamination. 4. According to the textbook application, Love Canal was originally contaminated by runoff from a military base. 5. The first federal legislation passed in the United States that dealt with waste control was the Resource Conservation and Recovery Act (RCRA) of 1976.
What determines the magnitude of the changes in price level when central bank takes monetary policy measures that leads to a change in the aggregate demand?
A. Changes in the money supply B. Slope of the aggregate supply curve C. Rate of change of interest rate D. Total money supply in the economy