3) According to the text, approximately what percentage of U.S. net public debt

Question

3) According to the text, approximately what percentage of U.S. net public debt is held by foreign 3) residents? A)50% B)90% C)20% D) 800% 4) According to supply-side economics, changes in marginal tax rates will have which of the following effects? A) change the incentive to work C) change the incentive to save B) change the incentive to invest D) all of the above 5 5) A major function of the Federal Reserve System is A) the control of the money supply. B) the control of taxing policy C) the implementation of fiscal policy for the federal government D) the control of govenment spending. 6) Which of the following is NOT part of M1? A) traveler's checks C) checking accounts B) credit cards D) currency 7 7) If the interest rate increases, the A) money demand curve will shift to the left. B) quantity of money demanded will remain unchanged. C) quantity of money demanded will fall. D) money demand curve will shift to the right. 8) The Federal Open Market Committee (FOMC) A) determines the tax policy of the government. B) lends to the least credit-worthy customers C) oversees all transactions on the stock market D) influences the future growth of the money supply B-1

Explanation / Answer

3-The correct option is A. that is 50%.

4-The correct option is D.

marginal tax rate affect investment , wage, tax revenue,etc

5-The correct option is A. that is controled the money supply by various instrument and technique.

6-The correct option is B. that is credit card.

7- The correct option is c. that is quantity demanded will fall because opportunity cost of holding money will be high.

8- The correct option is D. Omo determines the money supply.

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