When Ethan continues his education beyond high school, he is increasing his

If there is no Ricardo-Barro effect, an increase in the government budget deficit

A) lowers the equilibrium real interest rate. B) decreases the demand for loanable funds. C) increases the supply of loanable funds. D) decreases the supply of loanable funds. E) raises the equilibrium real interest rate.

The federal budget deficit: a. becomes less prominent during and after each recession

b. forces the government to issue Treasury bonds. c. decreases the growth rate of the U.S. GDP. d. is common when total federal revenue exceeds total federal outlay.