If the U.S. government determines that the cost of feeding an urban family of four is $7,500 per year, then the official poverty line for a family of that type is

Explain what is meant by the term "monetizing the deficit."

What will be an ideal response?

Which of the following is included in government purchases? a. Government purchases of investment goods. b. Transfer payments

c. Government spending on services. d. both (a) and (c)