When the U.S. government spends more than it receives, it typically finances the shortfall by selling IOUs, commonly called _____.
A. entitlements
B. long-term loans
C. credit vouchers
D. treasuries
E. interest investments
Answer: D
You might also like to view...
Which of the following groups is the MOST influential in Democratic Party politics?
a) American Federation of Labor-Congress of Industrial Organizations (AFL-CIO) b) Focus on the Family c) Texas Right to Life Committee d) Texas Association of Business(TAB) e) Texas Eagle Forum
A neoconservative would most likely support _____
a. organizing an international conference to discuss and promote democratic ideals b. sending troops to overthrow a dictator who poses a threat to the security of the region c. using the air force to provide military cover for delivering humanitarian aid to refugees in a war zone d. working through an international institution to address human rights violations by a military dictatorship
Which of the following is a possible solution to the long-term problem of solvency in the Social Security program?
a. Eliminate the prescription drug program for seniors. b. Decrease the states' financial contribution. c. Increase the minimum retirement age. d. Decrease the minimum retirement age.
The Alien and Sedition Acts likely violated the Constitution's prohibitions against __________
a. undemocratic speech b. prior restraint c. seditious speech-- d. hate speech