This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose the government has a 440 billion budget deficit. If the government borrows 330 billion to ... (Read 82 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
on: Jun 30, 2018
Suppose the government has a 440 billion budget deficit. If the government borrows 330 billion to finance this deficit and finances the rest by printing money, the amount of new money created will be
 
  A) 90 billion. B) 110 billion. C) 440 billion. D) 770 billion.

Question 2

Which of the following financial organizations have the ability to influence the supply of reserves in the United States?
 
  A) Only public sector banks B) The World Bank
  C) Only private commercial banks D) The Fed


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jointhecircus

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Shelles

  • Hero Member
  • *****
  • Posts: 582
Reply #2 on: Jun 30, 2018
Thank you :)


jointhecircus

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Energy budget for a temperate deciduous forest (data from Gosz et al. 1978). Energy budget for a temperate deciduous forest (data from Gosz et al. 1978).
Jet streams and Earth’s heat budget Jet streams and Earth’s heat budget
The DNA from one chromosome has a mass of ~20 billion Daltons The DNA from one chromosome has a mass of ~20 billion Daltons
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library