If the structural deficit is $750 billion and the cyclical deficit is $150 billion, it follows that the __________ is __________ billion
A) public debt; $900
B) total budget deficit; $600
C) total budget deficit; $900
D) net public debt; $600
E) none of the above
C
Economics
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A) deductibles. B) collateral. C) interest rate swaps. D) duration analysis.
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The term "open market operations" refers to the
a. loan-making activities of commercial banks. b. effect of expansionary monetary policy on interest rates. c. operation of competitive markets in the banking industry as the result of deregulation. d. buying and selling of government securities by the Federal Reserve.
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