The policy tool of "credit easing" refers to the ________
A) Treasury's issuance of federal debt to finance home buying
B) federal government's requirement that the Fed must lend directly to home buyers
C) Fed's requirement that the federal government must lend to directly to home buyers
D) Fed's purchase of private securities to stimulate banks' lending
E) Fed's lowering of the federal funds rate to zero
D
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To date, the longest prison sentence for violating the Sherman Act has been ________ years.
A) ten B) eight C) two D) five
The tax multiplier is ________ than the expenditures multiplier. This is because with the ________ multiplier a portion of the change is used for savings, but with the ________ multiplier, real GDP is impacted by the full amount of the change.
A. less; tax; expenditures B. greater; expenditures; tax C. greater; tax; expenditures D. less; expenditures; tax