If the Treasury prints currency to finance an expenditure, the impact on the money supply is similar to when the Treasury borrows from the
A) banking system when it is fully loaned-up.
B) banking system when it has excess reserves.
C) non-bank public.
D) Federal Reserve.
D
Economics
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If $1 was equivalent to 120 Japanese yen in 2008 and 125 Japanese yen in 2010, it implies in 2010, there was:
a. a depreciation of the dollar against the yen. b. a depreciation of the yen against the dollar. c. an appreciation of the yen against the dollar. d. no change in the value of yen, but the dollar had weakened. e. no change in the value of dollar, but the yen had strengthened.
Economics
Supply-side economists emphasize the importance of saving to finance investment.
Answer the following statement true (T) or false (F)
Economics