A concern about crowding out caused by increased government borrowing is that:
a. interest rates on private borrowing fall.
b. lower rates of economic growth can result from a decline in business investment spending.
c. the federal government may default on its loans.
d. foreign lenders find it less attractive to help finance federal deficits.
b
Economics
You might also like to view...
The main determinants of investment are the interest rates and expected profit
a. True b. False Indicate whether the statement is true or false
Economics
Refer to the table below. At what consumption level for this product does diminishing marginal utility set in?
A. 4 units
B. 5 units
C. 8 units
D. 7 units
Economics