When the government borrows from the public, the result is

A. a decrease in unemployment.
B. an increase in real GDP.
C. downward pressure on interest rates.
D. an increase in the demand for loanable funds.

D. an increase in the demand for loanable funds.

Economics

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The income elasticity of demand is largest for

A) food. B) clothing. C) shelter. D) luxuries.

Economics

For which of the following products is social influence likely to have the greatest impact?

A) school textbook B) restaurants C) high-blood pressure medication D) toothpaste

Economics