The shortest term security sold by the US is the:
A. Treasury bonds.
B. Treasury notes.
C. certificate of deposit.
D. Treasury bills.
D. Treasury bills.
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The wide acceptance of fiat money is determined by: a. people's belief that it is worth something
b. the amount of precious metal that the government holds to back the money. c. the money's market value as a commodity. d. the rate of interest, which is the price paid to borrow money. e. its ability to function as a unit of account.
Which of the following groups has the lowest median income in the United States?
A. Married couples with both spouses working B. Female-headed families with no husband present C. Male-headed families with no wife present D. Married couple families with the wife not working
When looking at economic growth in a country, the distribution of output and income
A. is skewed toward the lowest quintile of the population. B. generally follows predictable patterns. C. is not taken into consideration. D. is shared equally.
In the United States, the bulk of health care spending is paid by health insurance companies. Such a system is also called a ________ where consumers of health care pay a nominal fee and the rest is paid by the health insurance provider
A) universal health care system B) third-party payer system C) socialized medicine system D) single-payer system