Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. the treasury had a $0.9 trillion dollar deficit in

The Treasury had a $0.9 trillion dollar deficit in Fiscal 2019 so the US government...

50.1K

Verified Solution

Question

Finance

The Treasury had a $0.9 trillion dollar deficit in Fiscal 2019 so the US government was issuing new long-term securities (borrowing to cover the deficit) at an average rate of $75 billion per month. This decreases the money supply which should increase interest rates and lower the price of bonds, yet long-term interest rates were relatively stable. Why?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Describe what qualitative forecasting models are. What are the advantages and disadvantages of this modelling? “High...

General Management
1.2K views

DISCUSSION : We have pointed out that the value chain will indicate many support areas that could...

Biology
1.2K views

2 What are the main differences between Saccharomyces and Staphylococcus A

Biology
1.2K views

16 This is the stage of mitosis characterized by the alignment of the chromosomes in...

Physics
1.2K views

A copper wire has a resistance of 0 5 22 Another copper wire of the...

Geometry
1.2K views

Identify the image for the following and the center of dilation at the origin 6...

Basic Math
1.2K views

The sides of a rhombus have length 19 m. The longer diagonal has length 37...

Accounting
1.2K views

What are the long-term assets which do not have any physical existence? ...

Accounting
1.2K views

Z Inc. owns and operates several businesses, including six hotels and two real estate agencies....

Accounting
1.2K views

Ray Company provided the following excerpts from its Production Department's flexible budget performance report. Required:...

Finance
1.2K views

You are working as Public Relation Manger in new private college that was established in...

Finance
1.2K views

Bull started saving for his retirement when he was 37. Each month he deposited 100.00...