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.
Answer: B
Economics
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Gary has to decide between attending a two-day art workshop and a four-day art workshop. If he evaluates only the change in net benefit when he switches between the two options, he is using the technique of:
A) ordinal analysis. B) comparative statics. C) optimization in levels. D) optimization in differences.
Economics
How do investment banks use the results of their research?
What will be an ideal response?
Economics