Question
Suppose the defense department suddenly gets a large amount of money for the purchase of a new aircraft carrier. As a result, the treasury department
Suppose the defense department suddenly gets a large amount of money for the purchase of a new aircraft carrier. As a result, the treasury department has to issue new government bonds. To stabilize output, the Federal Reserve would
increase government spending.
decrease government spending.
increase the money supply.
decrease the money supply.
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The End Of Poverty Economic Possibilities For Our Time
Authors: Jeffrey D Sachs, Bono
1st Edition
0143036580, 9780143036586
