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Author Question: How does the federal government finance a budget deficit? A) It borrows funds by selling Treasury ... (Read 151 times)

bucstennis@aim.com

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How does the federal government finance a budget deficit?
 
  A) It borrows funds by selling Treasury bonds. B) It cuts spending on entitlement programs.
  C) It redeems its IOUs. D) It purchases U.S. Treasury bonds.

Question 2

Which of the following statements is true?
 
  A) Non-bank institutions are also a part of the credit market.
  B) People who lend money are known as debtors.
  C) People who borrow money are known as creditors.
  D) Money that is lent out is considered to be a liability.



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al

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Answer to Question 1

A

Answer to Question 2

A




bucstennis@aim.com

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


rleezy04

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Reply 3 on: Yesterday
Wow, this really help

 

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