Treasury borrowings from either the nonbank public, depositories or Federal Reserve banks tend to increase income and total spending in the economy.

Name: Treasury borrowings from either the nonbank public, depositories or Federal Reserve banks tend to increase income and total spending in the economy.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

When the Treasury borrows from these sources, it typically spends the borrowed funds on various government activities, which injects money into the economy, thereby increasing income and total spending.

Treasury Borrowings from Either the Nonbank Public, Depositories or Federal