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7- the national debt is a. accumulation of the past federal governments deficit

ID: 1214057 • Letter: 7

Question

7- the national debt is

a. accumulation of the past federal governments deficit

b. another term of the federal government deficit

c. what the U.S government owes to foreigners

d. the excess of spending over revenue for a given year

14-cutting the discount rate by the fed is primarily designed to

improve image of the fed

make dollar cheaper

stimulate investment and consumption

reduce inflationary expectations

15- the U.S budget deficits are mostly financed by

printing money

selling government securities

selling federal real estate assets

selling wheat to the Russia

16- which of the following fed applies the open market operations?

fed of Chicago

fed of dallas

fed of san Francisco

fed of new york

17- laffer curve is a curve depicting the relation between

Inflation and taxes

Inflation and unemployment

Tax revenue and tax rate

Trade balance and exchange rate

Explanation / Answer

7. d . the excess of spending over revenue for a given year

14. stimulate investment and consumption

15. selling government securities

16.fed of san Francisco

17.Tax revenue and tax rate

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