Author Question: ________ refers to a government's failure to repay its debt. A) Intolerance B) Distortion C) ... (Read 94 times)

codyclark

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________ refers to a government's failure to repay its debt.
 
  A) Intolerance
  B) Distortion
  C) Seignorage
  D) Repudiation

Question 2

In 1996, an advisory commission, appointed by the Senate Finance Committee, estimated that, due to certain distortions, the CPI overstates inflation by
 
  a. .5 percentage points per year.
  b. 2.0 percentage points per year.
  c. 1.1 percentage points per year.
  d. .25 percentage points per year.



jjorrostieta

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Answer to Question 1

D

Answer to Question 2

C



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