The large budget deficits of 2003 and 2006 meant that the federal government was borrowing upwards of $1.7 trillion over the four-year period. If that borrowing limits the ability of the private sector to get financial capital for its purposes, economists would call this
A. forcing aside.
B. forcing in.
C. crowding in.
D. crowding out.
Answer: D
Economics
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President Bush imposed temporary tariffs on imported steel in 2002 . The reasons for this trade restriction is most consistent with the
a. national-security argument. b. infant-industry argument. c. unfair competition argument. d. protection-as-a-bargaining chip-argument.
Economics