In 2008, Germany had a budget deficit of 37 billion euros. This will budget deficit ________ the supply of loanable funds and ________ the real interest rate

A) increased; lowered
B) decreased; raised
C) decreased; lowered
D) increased; raised

B

Economics

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Credit card balances are

A) part of M1. B) part of M2. C) part of M3. D) not part of the money supply.

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A cash transfer payment is always preferred to an in-kind transfer payment of an equal size

a. True b. False

Economics