Gross public debt minus all government interagency borrowing is
A) government budget deficit.
B) an entitlement.
C) U.S. Treasury bonds.
D) net public debt.
Answer: D) net public debt.
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Public debt is held as
A) Treasury Bills, Treasury Notes, Treasury Bonds, and U.S. Savings Bonds. B) U.S. Notes. C) Federal Reserve Notes. D) corporate bonds and common stocks of the largest companies.
Stefanie borrows $10,000 from a bank and withdraws $5,000 from her personal savings to start a cupcakery. The interest rate is 5% for both the bank loan and her personal savings. her opportunity cost of capital is $750
a. true b. false
Name two macroeconomic variables that decline when an economy goes into recession, and name one macroeconomic variable that rises
The branch of economics that deals with the gross domestic product (GDP), interest rates, and the unemployment rate is ________ economics
Fill in the blank(s) with correct word