True or False:
1. Expansionary U.S. fiscal policy will tend to move funds out of the United States.
2. Expansionary fiscal policy will tend to be partly crowded out by a reduction in net exports.
3. Sometimes fiscal policy designed to stabilize the economy may actually destabilize the economy.
4. Time lags in the legislative process are a serious problem in the implementation of fiscal policy.
5. After expansionary fiscal policy legislation is signed into law, it takes time to bring about the actual fiscal stimulus desired.
6. The sum total of the values of all bonds outstanding constitutes the federal debt.
7. Printing money to finance government activities is inflationary.
8. If public debt is created intelligently, the "burden" of the debt should be less than the benefits derived from the resources acquired as a result.