When the Dutch East India Company was founded in 1602, it raised financial capital by issuing notes of indebtedness called

The demand curve for investment in the economy as a function of interest rates is:

a. vertical. b. horizontal. c. upward sloping. d. downward sloping. e. elliptical.

A concern about crowding out caused by increased government borrowing is that:

a. interest rates on private borrowing fall. b. lower rates of economic growth can result from a decline in business investment spending. c. the federal government may default on its loans. d. foreign lenders find it less attractive to help finance federal deficits.