Finance

1. Briefly describe the historical role of savings in the United States.

 

2. Compare savings surplus and savings deficit units. Indicate which economic units are generally of one type or the other.

 

3. Indicate the sources of demand for loanable funds, and discuss the factors that affect the demand for loanable funds.

 

4. Explain the mechanics of issuing Treasury bills, indicating how the price of a new issue is determined.

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