13) Which of the following institutions has the responsibility for distributing

Question

13) Which of the following institutions has the responsibility for distributing currency and coins to the 13) U.S. banking system? A) the Federal Reserve System B) the U.S. Bureau of Engraving and Printing C) the U.S. Treasury Department D) the Office of the Comptroller of the Currency 14) The largest expenditure component of the federal budget is spending on 14) A) foreign aid. C) environmental protection programs B) the military. D) entitlement programs 15) Are federal budget deficits related to trade deficits? 15) A) No. The budget deficit is entirely a domestic matter while the trade deficit only affects U.S citizens who travel abroad B) Yes. As deficit spending goes up, it is likely government borrowing will, too. Then foreign residents who lend funds to the U.S. government have less to spend on our goods, so U.S exports will fall. C) Yes, but only if the quality of U.S. goods and services is deteriorating D) Yes. If U.S. consumers buy too many imported goods they don't have money to save and a budget deficit results. 16)- 16) Politicians have suggested that the budget deficit could be reduced by A) forbidding interest payments on government bonds outsourcing B) increasing taxes and reducing expenditures. C) imposing higher tariffs on imported goods. D) lowering the interest rates. B-2

Explanation / Answer

First question is answered below

1. Correct option: (a) Federal reserve system

Reason: The US coins and currencies are produced by the Treasury department but its distribution is done by Federal Reaerve system through banks.

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