Which of the following holds the most U.S. government debt?
A. The Federal Reserve
B. U.S. government agencies not including Social Security
C. Foreigners and U.S. citizens
D. Social Security
Answer: C
You might also like to view...
When the expected inflation rate? ________, the short?run Phillips curve? ________.
A. ?falls; shifts upward B. rises; shifts downward C. ?rises; shifts upward D. falls; does not shift E. rises; might shift upward or downward depending on how the long?run Phillips curve shifts
By acting as a lender of last resort during a banking panic, a central bank allows commercial banks to
A) encourage the public to borrow directly from the central bank, taking pressure of the banking system. B) satisfy customer withdrawal needs and eventually restore the public's faith in the banking system. C) call in their loans to their customers and eventually restore the public's faith in the banking system. D) make additional loans to increase the assets on their balance sheets.
Elections tend to be closer when one candidate is extremely to the right or left
a. True b. False
Velocity is computed as the
a. price level times real GDP divided by the money supply. b. price level times the money supply divided by real GDP. c. real GDP times the money supply divided by the price level. d. real GDP times the money supply divided by the rate at which money changes hands.