When the federal government's budget is in deficit,additional funds are acquired through
A) the sale of Treasury bills,notes,and bonds.
B) borrowing from the Federal Reserve System.
C) excise taxes on such items as alcohol,tobacco,and firearms.
D) government savings accumulated during surplus years.
E) increased corporate income tax rates.
Correct Answer:
Verified
Q196: In order to borrow money to finance
Q197: Fiscal policy revolves around the
A)federal budget.
B)money supply.
C)national
Q198: When the economy begins to slip into
Q199: Nondiscretionary fiscal policy
A)multiplies declines in aggregate demand.
B)multiplies
Q200: Statement I: If we exactly balance the
Q202: Which of the following policies should not
Q203: Between 1992 and 2000,the federal deficit
A)declined by
Q204: Deliberate changes in government expenditures and taxes
Q205: The multiplier effect tends to
A)decrease upswings and
Q206: If full employment GDP is greater than
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