Currently, the backing for Federal Reserve's notes is primarily in the form of
A) gold certificates.
B) gold bullion.
C) eligible paper (business notes and drafts) .
D) the credit of the Federal Reserve.
Correct Answer:
Verified
Q87: Automatic stabilizers include all of the following
Q88: Temporary federal programs that stabilize economic activity
Q89: Continuing federal programs that stabilize economic activity
Q90: Examples of automatic stabilizers are (choose one)
A)
Q91: Government financing of large budgetary deficits
A) absorbs
Q93: A government raises funds to pay for
Q94: Annual revenue and expenditure plans that reflect
Q95: The government entity responsible for fiscal policy
Q96: Occurs when tax revenues are less than
Q97: Almost all Treasury disbursements are made by
A)
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