The difference between a Treasury bill and a Treasury bond is that the bill
A) can be purchased by anyone, and the bond can be purchased by U.S. citizens only.
B) is insured, and the bond is not.
C) pays more than the bond.
D) pays no interest.
E) is short-term, and the bond is long-term.
E
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A change in the discount rate is likely to occur
A) after a change in the Treasury bill rate. B) after a change in the Treasury bond rate. C) before a change in the federal funds rate. D) before a change in the inflation rate.
In 1970 the Social Security tax rate was ______ and had increased to ______ by 2012.
A. 0.84%; 0.124% B. 12.4%; 8.4% C. 8.4%; 12.4% D. 84%; 124%
If a poor country can "catch up" to a rich country, its productivity rises more rapidly than the productivity of the rich country
a. True b. False Indicate whether the statement is true or false
What are the fiscal policy options to reduce an inflationary gap? Do these policies have the same impact?
What will be an ideal response?