64 634
Assignments Done
99,1%
Successfully Done
In September 2018

Answer to Question #74836 in Macroeconomics for Thulie

Question #74836
11. Which of the following statements regarding financing of government expenditure are correct?
a. The budget deficit is positively related to the interest on public debt.
b. The government can finance its deficit by buying bonds from the public.
c. Inflationary financing occurs when government borrows from the central bank.
[1] All the statements are correct.
[2] a and b
[3] a and c
[4] a
[5] c
Expert's answer
Answer:3

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions