When the Government Has a Deficit, It Can

question 16

Multiple Choice

When the government has a deficit, it can:

• A) borrow by issuing debt
• B) engage in intertemporal substitution by issuing debt
• C) print money, although it might not want to
• D) All of these answers are correct.
• E) None of these answers are correct.

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Definitions:

Coalescent Events

Theoretical points in time where genetic lineages are assumed to have converged to a common ancestor in population genetics models.

Linkage Disequilibrium

Linkage disequilibrium exists for any two loci if the occurrence of an allele at one of the loci is nonrandomly associated with the presence or absence of an allele at the other locus.

Positively Selected Allele

A positively selected allele is a variant of a gene that provides an advantage to individuals in their environment, increasing its frequency in the population.

Directional Selection

Directional selection favors individuals on one end of the distribution of phenotypes present in a population.