Which of the Following Is NOT a Discount Bond

question 26

Multiple Choice

Which of the following is NOT a discount bond?

• A) a U.S. savings bond
• B) a U.S. Treasury bill
• C) a U.S. Treasury note
• D) a zero-coupon bond

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Definitions:

Automatic Stabilizers

Economic mechanisms, such as progressive taxation and welfare spending, that automatically adjust to mitigate economic fluctuations without the need for explicit government action.

Transfer Payments

Payments made by governments to individuals or other government entities without receiving any goods or services in return, such as welfare benefits or subsidies.

Uncontrollable Budget Items

Government expenditures that are considered mandatory and not subject to annual review or adjustment by Congress, such as interest payments on national debt.

Congressional Committee Framework

The organizational system of committees within the United States Congress, designed to facilitate detailed examination and discussion of legislative proposals.