Most of the U.S. national debt is owed to ____. Thus a rising national debt implies that there will be a future redistribution of income and wealth in favor of ____
a. foreigners; foreigners
b. other U.S. citizens; bondholders
c. foreigners; those needing government services
d. other U.S. citizens; those needing government services
b
Economics
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As the price level falls, buyers require less money for their purchases and the demand for money falls. A decrease in the demand for money will cause business investment to increase. This is called the _____
a. interest rate effect b. exchange rate effect c. wealth effect d. accelerator effect
Economics
Open market operations are conducted by the __________.
Fill in the blank(s) with the appropriate word(s).
Economics