When should a country not borrow money?
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When should a country borrow money?
The money supply of a country is made up of which of the following?
A) only the M1 money in the economy.B) Only the M2 money available in the economy.C) all the money available in the economy.D) all the money in the economy plus the money the country could borrow.
What part does interest play in deficit spending?a. Governments must pay interest on money they borrow when they take on debt.b. Citizens must pay interest when their governments borrow money.c. Governments may charge foreign countries interest when they borrow money.d. Interest is not a factor when a government's budget is in deficit.