When the budget deficit is financed entirely through money creation, the real budget deficit is equal to which of the following?

Suppose a new employee is promised a pension payment of $8000 in the twenty-fourth year after joining the firm. The current pension contribution of $1200 a year. Assuming an eight percent rate of return, this pension plan is said to be

A) fully funded. B) partly funded. C) unfunded. D) fully vested.

Average weekly claims for unemployment insurance, money supply and the index of stock prices are all examples of

A) leading indicators. B) coincident indicators. C) lagging indicators. D) None of the above