Based on Japan's Experience During the 1990s,which of the Following

question 18

Multiple Choice

Based on Japan's experience during the 1990s,which of the following is most likely to slow the long-term growth of the U.S.?

• A)the restrictive monetary policy of the Fed in 2008 and 2009
• B)the aging of the U.S.population
• C)the lack of stimulus packages designed to increase aggregate demand
• D)the government's policy of maintaining a balanced budget

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Definitions:

Treasury Bond

Debt obligation of the federal government with original maturity between 10 and 30 years.

Liquidate

To convert assets into cash or cash equivalents by selling them on the market.

Spot Price

The current market price at which a particular asset, such as a commodity, currency, or security, can be bought or sold for immediate delivery.

Silver Spot Price

The current market price at which silver can be bought or sold for immediate delivery.