Social security in the U.S. is funded by government expenditures current and future taxes the private sector OU.S. private stock and private bond markets Future U.S. deficits could be decreased by increasing transfer payments and decreasing interest payments on the debt O decreasing government expenditures and increasing taxes O increasing government expenditures and decreasing taxes decreasing current and future taxes

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter12: Federal Budgets And Public Policy
Section: Chapter Questions
Problem 3.8P
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Social security in the U.S. is funded by
government expenditures
current and future taxes
the private sector
OU.S. private stock and private bond markets
Future U.S. deficits could be decreased by
increasing transfer payments and decreasing interest payments on the debt
O decreasing government expenditures and increasing taxes
increasing government expenditures and decreasing taxes
decreasing current an
future taxes
The government budget is in DEFICIT when
OT G-Transfers (TR) Interest on the Debt (INT) < 0
G-Consumption expenditures (C ) - | > 0
Government expenditures (G) - Investment expenditures (I) < 0
Taxes (T) - G > 0
Transcribed Image Text:Social security in the U.S. is funded by government expenditures current and future taxes the private sector OU.S. private stock and private bond markets Future U.S. deficits could be decreased by increasing transfer payments and decreasing interest payments on the debt O decreasing government expenditures and increasing taxes increasing government expenditures and decreasing taxes decreasing current an future taxes The government budget is in DEFICIT when OT G-Transfers (TR) Interest on the Debt (INT) < 0 G-Consumption expenditures (C ) - | > 0 Government expenditures (G) - Investment expenditures (I) < 0 Taxes (T) - G > 0
Over the last 15 years the Federal Reserve has substantially changed the way it
operates. What is different about how the Federal Reserve now conducts policy?
it gives the public forward guidance on what it will do
It is more secretive about interest rate and other policy changes
it asks for guidance from Congress
it places fewer regulations on commercial banks
Transcribed Image Text:Over the last 15 years the Federal Reserve has substantially changed the way it operates. What is different about how the Federal Reserve now conducts policy? it gives the public forward guidance on what it will do It is more secretive about interest rate and other policy changes it asks for guidance from Congress it places fewer regulations on commercial banks
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