The largest asset of the Fed from those on this list is
A) U.S. Treasury securities.
B) mortgage-backed securities.
C) loans to depository institutions.
D) currency outstanding.
A
Economics
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Given full-employment output = $2,800, equilibrium real GDP = $2,500, and MPS = 0.25, which of the following changes would most likely bring the economy to a full-employment level of real GDP?
a. $300 decrease in taxes. b. $75 increase in government spending. c. $75 decrease in taxes. d. $300 increase in government spending. e. $75 decrease in government spending.
Economics
Regressive tax systems are bad.
A. True B. False C. Uncertain
Economics