The net value to the federal government of the bonds currently held in the Social Security Trust Fund is
a. approximately $1 trillion.
b. now approaching $2 trillion.
c. greater than $2.5 trillion.
d. zero, because the federal government is both the payee and recipient of the interest and principal represented by these bonds.
D
You might also like to view...
Between 1981 and 1986, as the federal budget deficit increased,
A. consumption spending fell. B. investment spending was crowded out. C. net exports increased. D. net exports were crowded out.
An example of a market failure is
A) a firm is dumping toxic waste that is making people sick. B) when not everyone who wants to see a major league football game can. C) when there is an increase in demand and a shortage develops. D) unemployment.
Which of the following statements about transfer payments is true?
a. Transfer payments are not included in total government expenditures. b. Transfer payments involve the international remittance of funds. c. Transfer payments refer to the transfer of money by the commercial banks to the people. d. Transfer payments are made by the government to taxpayers. e. Transfer payments are made when governments purchase goods and services.
Select the graph below that best shows the change in the market specified in the following situation: In the market for leather coats, when leather coats become more fashionable among young consumers
Assume that the graphs show a competitive market for the product stated in the question.
A. Graph A
B. Graph B
C. Graph C
D. Graph D