If Toyota sells a $1000 bond in the United States, the bond is a

Refer to Figure 16-10. In the graph above, suppose the economy in Year 1 is at point A and is expected in Year 2 to be at point B. Which of the following policies could Congress and the president use to move the economy to point C?

A) buy Treasury bills B) increase government spending C) increase income taxes D) decrease the discount rate

The relatively low inflation experienced in the United States in the 1990s is attributable to

a. slow growth of U.S. productivity during the 1990s. b. slow growth of the quantity of money in the U.S. in the 1990s. c. low levels of government spending in the U.S. in the 1980s and 1990s. d. the eight-year presidency of William Jefferson Clinton during the 1990s.