American citizens who buy U.S. Treasury securities forgo _____ and are paid back in _____.

Name: American citizens who buy U.S. Treasury securities forgo _____ and are paid back in _____.
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Question

Quizplus · Accepted Answer

When American citizens buy U.S. Treasury securities, they essentially lend money to the government, forgoing present consumption. In return, they are paid back with interest in the future, so the payment is in the future, not present. Therefore, the correct answer is present consumption; the future.

American Citizens Who Buy U