What will the federal government have to do in order to redeem the bonds in the Social Security Trust Fund?
a. raise taxes
b. cut expenditures on other government programs
c. borrow additional funds
d. Some combination of a, b, and c.
D
Economics
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José is putting money for college in a savings account. The bank then makes this money available to business borrowers. In essence:
a) José is supplying loanable funds for business investment. b) José is demanding loanable funds. c) The interest rates that businesses pay are independent of the actions of suppliers of funds, such as José. d) Financial markets are not performing the role of an intermediary.
Economics
As the price of a competitive firm's product rises, the firm's demand for labor also rises
a. True b. False Indicate whether the statement is true or false
Economics