Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question

Transcribed Image Text:A federal deficit occurs when
the government issues securities to the public
stock prices of private companies decrease
social security benefits given to citizens are reduced
the government's expenses are greaterthan its tax revenues
the money supply in the market decreases
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