Do deficits lead to inflation?
What will be an ideal response?
Governments can finance a deficit either by issuing bonds or creating new money. Some countries do not have to "monetize the deficit," but if creating money is the only option then those deficits will inevitably cause inflation.
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Economists John Cogan, Glenn Hubbard, and Daniel Kessler have estimated that ________ the tax preference for employer-provided health insurance would reduce spending by people enrolled in these programs by 33 percent
A) enacting B) doubling C) cutting in half D) repealing
If your broker tells you that a trust to which you are a beneficiary has changed, and instead of getting $5000 per year starting next year, you will be getting $4000 per year starting next year, the present value to you has
A. risen. B. remained unchanged. C. necessarily become more predictable. D. fallen.