AP® Macroeconomics

Free Version

Upgrade subject to access all content

Easy

Bonds and Loanable Funds

APMACR-KDAEKY

Bonds are

A

only used to solve government budget deficits.

B

the same as stocks.

C

a special type of loan to businesses or municipalities.

D

any loan that has a 1-year term.

E

budget gimmicks governments use to hide deficits by pushing current costs into the next fiscal year.