Marketable government securities consists of Treasury bills,
A) Treasury notes, and U.S. savings bonds.
B) Treasury notes, and Treasury bonds.
C) Treasury bonds, and federal funds.
D) U.S. saving bonds, and federal funds.
B
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Which of the following will not increase aggregate expenditures?
a. A decrease in domestic prices b. A decrease in the interest rate c. An increase in real wealth d. An increase in income taxes e. An increase in autonomous net exports
When city beautification programs are funded privately: a. only contributing citizens are likely to benefit from a more beautiful city
b. only free riders are likely to benefit from a more beautiful city. c. an underallocation of resources toward the beautification project is likely to occur relative to what is socially efficient. d. none of the above