Author Question: As real Gross Domestic Product (GDP) decreases, people hold A) about the same amount of money ... (Read 88 times)

kshipps · **on:** Jun 30, 2018

As real Gross Domestic Product (GDP) decreases, people hold

A) about the same amount of money since that has been enough in the past.
B) less money because they will want to collect interest.
C) more money because they will want to increase the amount of savings.
D) less money since they will make fewer purchases.

Question 2

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.