National debt can be defined as:
a. the total money supply in the economy.
b. the total stock of government bonds outstanding.
c. the difference between real GDP and potential GDP.
d. the change in fiscal deficit that results from an increase in government spending.
e. the total volume of private investment in the country.
b
Economics
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Which is likely to be larger, the velocity of M1 or M2?
a. M1, because M2 is a larger number. b. M2, because M1 is a larger number. c. The velocities of both are approximately equal. d. The numbers of velocity switch in relative size.
Economics
Give an example of a monetary policy target. Explain why the Fed uses policy targets
What will be an ideal response?
Economics