Other factors being constant, what happens when the federal government finances a growing budget deficit by increasing the amount it borrows from the private sector?
A. There will be an increase in net exports.
B. There will be a decrease in the interest rate.
C. There will be an increase in the interest rate.
D. The crowding out effect will be cancelled out.
Answer: C
Economics
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a. the positive from the negative aspects of democracy. b. changes in patterns of global inequality. c. what represents a state and what represents an individual. d. what represents change and what represents continuity.
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The rise in output of corn and wheat was achieved more by increasing acres farmed than by raising output per acre
Indicate whether the statement is true or false
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