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Author Question: ________ refers to a government's failure to repay its debt. A) Intolerance B) Distortion C) ... (Read 35 times)

codyclark

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on: Jun 30, 2018
________ refers to a government's failure to repay its debt.
 
  A) Intolerance
  B) Distortion
  C) Seignorage
  D) Repudiation

Question 2

In 1996, an advisory commission, appointed by the Senate Finance Committee, estimated that, due to certain distortions, the CPI overstates inflation by
 
  a. .5 percentage points per year.
  b. 2.0 percentage points per year.
  c. 1.1 percentage points per year.
  d. .25 percentage points per year.


jjorrostieta

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


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