Q376
To make promised payments, federal money can
A.
raise taxes
B.
print money
C.
increase labour hours
D.
both a and b
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
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.