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A federal government deficit may be financed by 1. the general public buying government bonds 2. commercial banks buying treasury bills 3. the Federal Reserve
A federal government deficit may be financed by 1. the general public buying government bonds 2. commercial banks buying treasury bills 3. the Federal Reserve selling securities
Answer
a. | 1 and 2 | |
b. | 1 and 3 | |
c. | 2 and 3 | |
d. | all of the above |
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