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Author Question: When the U.S. government spends more than it receives, it typically finances the shortfall by ... (Read 21 times)

Pineapplelove6

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on: Jul 9, 2018
When the U.S. government spends more than it receives, it typically finances the shortfall by selling IOUs, commonly called _____.
 
  A) entitlements
  B) long-term loans
  C) credit vouchers
  D) treasuries
  E) interest investments

Question 2

Public debt refers to the total value of all outstanding:
 
  A) corporate borrowing.
  B) local government borrowing alone.
  C) federal government borrowing.
  D) borrowing by the public.
  E) borrowing by interest groups.


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stanleka1

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Reply #1 on: Jul 9, 2018
Answer to Question 1

D

Answer to Question 2

C


Pineapplelove6

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Reply 2 on: Jul 9, 2018
Thanks for the timely response, appreciate it

covalentbond

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Reply 3 on: Yesterday
:D TYSM

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