Author Question: Pegging the bond market in 194245 meant that World War II (194145) (a) would be financed by ... (Read 73 times)

Yolanda · **on:** Jun 30, 2018

Pegging the bond market in 194245 meant that World War II (194145)

(a) would be financed by free-market interest-rate determination.
(b) fixed high interest rates.
(c) fixed low interest rates.
(d) sent high interest rates floating above the peg.

Question 2

The quantity theory assumes that

a. velocity is constant.
b. income is constant.
c. prices are constant.
d. transactions are constant.