Which of the Following Provides the Best Information About the Direction

question 87

Multiple Choice

Which of the following provides the best information about the direction of the government's fiscal policy?

• A) changes in the Fed's holdings of U.S. government securities
• B) changes in the reserve requirements of the Federal Reserve
• C) changes in the nation's trade balance
• D) changes in the size of the federal government's budget deficit or surplus

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Definitions:

Liability Policies

Insurance policies that offer protection against claims resulting from injuries and damage to people and/or property.

Insurable Interest

A principle requiring a person to have a legitimate financial or other interest in the life, property, or well-being of the insured subject, to obtain insurance for it.

Property Insurance

Insurance that provides protection against most risks to property, such as fire, theft, and some weather damage.

Consideration

The value (such as money, a service, or a promise) that is given by one party to another in exchange for something else, forming a necessary component of a legally binding contract.