Higher interest rates as a result of deficit spending
A. increase the wealth of future generations.
B. ultimately have a positive impact on productivity gains and society's standard of living.
C. raise growth in investment spending.
D. crowd out private investment.
Answer: D
Economics
You might also like to view...
Under a system of flexible exchange rates, an increase in demand for a nation's currency in the foreign exchange market will: a. cause the nation's currency to appreciate
b. make it more expensive for the nation to import goods. c. cause the nation's balance on current account to shift toward a deficit. d. make it less expensive for foreigners to buy the nation's goods.
Economics
The total amount of income in a society is independent of how income is distributed.
Answer the following statement true (T) or false (F)
Economics