1) In the functional finance finance view, bond sales:

Finance deficit spending

Add to bank reserves depleted by deficit spending

Drain excess reserves to maintain short term interest rates

None of the above

2) In the functional finance view

Finance government spending

Create a deman for government bonds

demand for gvernmet currency

All of the above

Calculate the finance charge (in $), the finance charge per $100 (in $), and the annual percentage rate for the installment loan by using the APR table, Table 13-1. (Round dollar amounts to the nearest cent.) Amount Number of Financed Payments $17,000 Need Help? 36 Read it Monthly Payment 1610.00 Talk to a Tutor Finance Charge Finance Charge per $100 APR