Author Question: Bonds sales to finance World War II (194145) (a) helped finance the government's current budget ... (Read 151 times)

CBme · **on:** Jun 30, 2018

Bonds sales to finance World War II (194145)

(a) helped finance the government's current budget deficits.
(b) helped finance, manage and eventually pay down the private debts accumulated during
World War I (191418).
(c) were loans the U.S. government made to individuals in its private sector.
(d) led to higher interest rates and decreased private spending and investment.

Question 2

If the contribution from capital and labor growth in a given economy equals 4.0 percent and output growth equals 6.4 percent over that same period of time, then productivity growth must equal ________.

A) 25.6 percent
B) 10.4 percent
C) 2.4 percent
D) 1.6 percent