To make promised payments, federal money can
A. raise taxes
B. print money
C. increase labour hours
D. both a and b
Answer: Option D
Solution (By Examveda Team)
To make promised payments, federal money can raise taxes and print money. Promised payment is an agreement between a borrower and a lender in which borrower states he or she will provide payment by a specific date.Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization

Join The Discussion