The most extensive indexing in the United States is in

A. interest payments on bonds or savings accounts.
B. government transfer payments, including Social Security benefits.
C. government contracts for military goods.
D. escalator clauses in wage and salary contracts.

Answer: B

Economics

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Fill in the blank(s) with the appropriate word(s).

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In the money market, an excess supply of money is equivalent to an excess supply of bonds

Indicate whether the statement is true or false

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