Author Question: To fund its expenditures after the Great Recession, the U.S. government: a. Borrowed in private ... (Read 79 times)

bcretired · **on:** Jun 30, 2018

To fund its expenditures after the Great Recession, the U.S. government:
a. Borrowed in private capital markets.
b. Borrowed in the federal funds market.
c.Created money to finance its spending needs.
d. All of the above.

Question 2

If the price of inputs rises when a nation is in the intermediate range:
a. Real GDP rises and average price level rises.
b. Real GDP rises and average price level falls.
c. Real GDP falls and average price level rises.
d. Real GDP rises and real GDP remains the same.
e. Real GDP remains the same and average price level falls.