The form of public debt that matures in 30 years is the
a. Treasury certificate of deposit
b. Treasury bill
c. Treasury note
d. Treasury bond
e. U.S. savings bill
D
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The Land Ordinances of 1785 and 1787 established property rights in land that provided for all of the following except
(a) Perpetual ownership, if desired (b) Direct inheritance (c) Complete freedom to sell as desired (d) Required inheritance through the principle of primogeniture
If you worked 35 hours a week at a minimum wage job you could ________ a family of four above the poverty line.
A. easily keep B. barely keep C. not come close to keeping
What happens to your purchasing power if inflation is less than you anticipated?
A. It decreases. B. It increases. C. It devalues your net worth. D. It won't change much.
When Fed Chairman Paul Volcker raised interest rates shortly after he became chairman in 1979, the effect was
A. an immediate and sharp decline in the value of the dollar. B. a decade of economic decline for the United States. C. a pair of severe recessions in 1980 and 1981-1982. D. a rapid increase in the inflation rate.