The central bank is said to monetize the deficit when it
a. prints Federal Reserve notes to satisfy the increased demand for money.
b. sells government bonds from its own portfolio of government securities.
c. requires member banks to buy the bonds to finance the deficit.
d. purchases the bonds that the government issues.
d
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The euro is said to be selling at a ________ if the spot dollar price is $1.18 and the nine-month forward rate is $1.16
A) forward discount B) forward premium C) forward spread D) none of the above
Resource substitutes are resources that enhance one another's productivity, a decrease in the price of one resource increases the demand for the other
Indicate whether the statement is true or false
During 2013, a country reported that its real GDP increased by $3.0 billion. If the slope of its aggregate planned expenditure curve is 0.9, then which of the following might have led to the increase in real GDP?
A) Investment decreased by $0.3 billion. B) Imports increased by $0.3 billion. C) Government expenditure on goods and services increased by $3 billion. D) Exports increased by $0.3 billion. E) Exports decreased by $0.3 billion.
Which region in the New World received the smallest share of slaves?
a. Brazil b. Colonial America c. Spanish America d. French Caribbean