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Certificates issued by a government in exchange for a loan of money are called?
government bonds.
Why issue bonds?
A bond is a formal contract by the government to pay back money you loan to them.
In order to distribute money does the government sell money to the banks?
No, the Government does not sell money to the banks. Instead they loan it to them at very low interest rates. The banks borrow money from the central bank a.k.a the government to use for their operations and repay the money along with the interest to them.
What is loan renewal?
a loan renewal is a loan you already have and you need more money so you renew the that loan for more money
What is a non purchase money loan?
A purchase money loan is a loan usually used to buy a home. A non purchase money loan is a loan for other reasons where the lender does not know what is being bought.
Certificates issued by a government in exchange for a loan of money are called?
government bonds.
When does the quantity of money available increase?
when government "prints" it, or when banks loan it.
What is student loan forgiveness?
Student Loan Forgiveness is when a student can't pay a loan that he owes and so the government has money to pay for that loan if he/she is unable to make the payments on it.
Bonds?
You loan the government money. They agree to pay you back plus interest.
Did Chrysler borrow money to pay off Government loan?
YesYes
Advertising for liberty bonds during world war 1 encouraged citizens to?
Loan money to the government for the war effort
Why issue bonds?
A bond is a formal contract by the government to pay back money you loan to them.
Will the IRS take your taxes for unpaid student loan?
The government can offset refunds by what it is owed...(the money would go to the student loan program).
In order to distribute money does the government sell money to the banks?
No, the Government does not sell money to the banks. Instead they loan it to them at very low interest rates. The banks borrow money from the central bank a.k.a the government to use for their operations and repay the money along with the interest to them.
How much money has General Motors paid back to the government of the 100 trillion?
The loan was 7.1 billion not 100 trillion. They have paid back all of the loan.
Why does a government have to pay interest on the national debt?
Because that money is on loan from someone. It could be you through your 401k, or another nation. Most people and countries do not wish to loan money to anyone free of any cost. Would you be willing to loan trillions for no interest?
Was the stimulus money the government gave to Chrysler all paid back?
Yes, Chrysler took out a private loan and paid off the US government.
