24) If the Fed sells Treasury bonds, this will shift the A) money supply curve to the right. money supply curve to the l

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24 If The Fed Sells Treasury Bonds This Will Shift The A Money Supply Curve To The Right Money Supply Curve To The L 1 (61.79 KiB) Viewed 12 times

24) If the Fed sells Treasury bonds, this will shift the A) money supply curve to the right. money supply curve to the left. C) money demand curve to the right. money demand curve to the left. 25) A decrease in the money supply will A) decrease the equilibrium quantity of money. B) decrease the interest rate C) have no effect on the interest rate. increase the interest rate C. decrease in payroll tax. in proportional taxes. D) 26) If the government collects $82 billion in tax revenues and total spending is $93 billion, the result is: A) budget supply of 11 billion B) budget deficit of 11 billion B. 23.60% B) C. 19.29% D) 27) If government tax policy requires Mike to pay $40,000 in taxes on annual income of $300,000 and John to pay $20,000 in tax on annual income of $150,000, then the tax policy is: A) regressive. B) proportional. C) progressive. D) optional. D. decrease 28) A government collects 700B in tax revenue. It allocates $40B to the justice system and $95B for its own administrative costs. What percentage of annual tax revenue is allocated to these two categories? A) 27.10% 16.43% D.