Examveda
Examveda

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.

This Question Belongs to Management >> International Finance And Treasury

Join The Discussion

Related Questions on International Finance and Treasury