The Value of Bonds Outstanding

question 13

Multiple Choice

The value of bonds outstanding

• A) increases when the government runs a budget deficit and decreases when the government runs a budget surplus.
• B) decreases when the government runs a budget deficit and increases when the government runs a budget surplus.
• C) is independent of the government running either a budget deficit or a budget surplus.
• D) changes only when the government runs a budget deficit or surplus if the federal debt is zero.

---

Definitions:

Social Influence

Social influence encompasses the changes in attitudes, beliefs, or behaviors among individuals due to the presence or actions of others, either directly or indirectly.

Compliance

The act of conforming to a request or demand, often as a result of explicit pressure or desire to fit in.

Obedience

The act of following orders or instructions from an authority figure, often studied in psychology to understand its social and moral implications.

Conformity

Refers to the act of matching attitudes, beliefs, and behaviors to what is perceived as normative social standards or expectations.