The Answers You Have Been Waiting For
The moment you all have been waiting for:
1. According to the explanation, which of the following is true about dollars?
B) Dollars are constantly being created and destroyed.
2. The national debt refers to:
B) The total amount of dollars in existence.
3. Government spending:
D) Results in new dollars being created.
4. Taxation:
C) Deletes dollars from the money supply.
5. According to the explanation, reducing the government debt would:
C)Delete dollars from the economy and reduce the money supply.
6. The explanation distinguishes between:
C) Currency issuers and currency users.
How did you go? You were waiting for the answers and they didn't come by email? Sorry about that! This is a web only post. If answers you want, you must seek them!