Savings bonds
a. allow more people to buy and hold government debt
b. are marketable Treasury bonds
c. are issued by the Federal Reserve
d. are only considered external debt
e. restrict government debt access
A
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The U.S. personal saving rate ________
A) is much higher than the percentage the Chinese citizens save B) is higher than the saving rate of most countries C) cannot fall below zero D) increased by a factor of five every year since the 1970s E) none of the above
If a nonbinding price floor is imposed on a market, then the
a. quantity sold in the market will decrease. b. quantity sold in the market will stay the same. c. price in the market will increase. d. price in the market will decrease.
Which of the following policies is supported by the idea that producers and workers will demand higher prices and wages when they see the money supply expanding?
A. Discretionary policy B. Fixed rules C. The Fed's eclecticism D. Fiscal policy
Potential output depends on all of the following except one. Which is the exception?
Fill in the blank(s) with the appropriate word(s).