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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