If the Federal Reserve purchases newly issued government bonds, the government is said to be
A) borrowing from the public. B) monetizing the deficit.
C) borrowing from itself. D) fiscalizing the deficit.
B
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Suppose everyone in a town prefers spending on improved public transportation systems instead of public parks, and prefers spending on public parks instead of building a public zoo. An ideal voting system would ensure that:
A. public transportation spending could beat zoo funding. B. zoo funding could beat public transportation. C. public parks could beat transportation spending. D. zoo funding could beat public parks.
It is generally easier for a firm to get _______________ than _______________; therefore, many more of the former are in place than the latter.
a. import quotas; tariffs b. safeguard tariffs; antidumping duties c. subsidies; tariffs d. antidumping and countervailing duties; safeguard tariffs
The demand curve for money curve shows, all other things unchanged, the
A) quantity of money demanded at each price. B) quantity of money demanded at each bond rate. C) quantity of money demanded at each interest rate. D) amount of money people demand at a specific interest rate.
The hypothesis that regulators eventually adopt policies that benefit the producers in the industry is known as the
A. capture hypothesis. B. share-the-gains, share-the-pains hypothesis. C. it's-a-rip-off hypothesis. D. producers' hypothesis.