The total value of government bonds outstanding at any particular time is called the
A) government debt.
B) government deficit.
C) seignorage revenue.
D) yield curve.
A
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If a bank has $100 million in assets and a net worth of $10 million, its debt-to-equity ratio is:
A. 10 to 1. B. 0.1 to 1. C. 9 to 1. D. 5 to 1.
Refer to Scenario 19.4 below to answer the question(s) that follow. SCENARIO 19.4: Suppose demand for widgets is given by the equation P = 10 - 0.25Q. Originally, the price of the good is $5 per unit. When a tax of $1 per unit is imposed, the price of the good rises to $6 per unit.Refer to Scenario 19.4. What is the total burden of the tax?
A. $2 B. $18 C. $32 D. $50
A Constitutional amendment requiring that the federal government budget be balanced annually would have
A. overall positive impact upon the economy during any stage of a business cycle. B. an automatic stabilizing impact upon the economy. C. an automatic destabilizing impact upon the economy. D. overall neutral impact upon the economy.
In the circular flow model, businesses
A. demand both products and resources. B. supply both products and resources. C. demand products and supply resources. D. supply products and demand resources.