1) In the functional finance finance view, bond sales: Finance deficit spending Add to bank reserves depleted...
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Question:
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
Related Book For
Macroeconomics Principles Applications And Tools
ISBN: 9780134089034
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
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