Questions from Financial Markets


Q: Identify the various sources of revenues in the federal government.

Identify the various sources of revenues in the federal government.

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Q: Identify the major expense categories in the federal budget.

Identify the major expense categories in the federal budget.

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Q: Describe whether the federal government has been operating with surplus or deficit

Describe whether the federal government has been operating with surplus or deficit budgets in recent years.

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Q: Briefly describe the historical role of savings in the United States.

Briefly describe the historical role of savings in the United States.

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Q: Compare savings surplus and savings deficit units. Indicate which economic units

Compare savings surplus and savings deficit units. Indicate which economic units are generally one type or the other.

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Q: Define personal saving.

Define personal saving.

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Q: What is the “interest rate,” and how is it determined

What is the “interest rate,” and how is it determined?

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Q: Explain the mechanics of issuing Treasury bills, indicating how the price

Explain the mechanics of issuing Treasury bills, indicating how the price of a new issue is determined.

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Q: Describe the dealer system for marketable U.S. government securities

Describe the dealer system for marketable U.S. government securities.

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Q: What is the tax status of income from federal securities?

What is the tax status of income from federal securities?

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