Consumers in the top 10% of the income distribution accounted for approximately ___ of total spending in Q2.

We normally expect lower interest rates to be ___ for gold.

If financial conditions are considered to be “very loose,” this is an argument as to why the FOMC ___ lower rates.

Student debt ___ dischargeable in bankruptcy.

The United States government currently pays approximately ___ of interest expense each year.

Utility company profitability will ___ if SLMs win out (rather than LLMs).

According to the NY Fed, ___ than half of workers believe that if they lose their job, they could find another job in the next three months.

If mortgage rates dropped significantly from their current level (e.g., from 6.25% to 3.0%), this would ___ the “mortgage lock” problem.

According to Greg Mankiw’s speech, “The Fiscal Future,” compensation of federal employees makes up ___ than 20% of federal spending.

According to Greg Mankiw’s speech, “The Fiscal Future,” the US ___ defaulted on its debt in the past.