Some economists argue that a rise in the interest rate, brought about by a rise in government borrowing in the loanable funds market to finance a budget deficit, brings in foreign funds in search of the higher interest rate return. This, in turn, dampens the rise in the interest rate. If this is true as far as it goes, there will be __________ crowding out than there would be if foreign funds did
not flow into the country.
A) more
B) less
C) the same amount of
D) none of the above
B
Economics
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Redistribution can be thought of as insurance because _____
a. those with low incomes often do not think of purchasing insurance b. those with low incomes cannot afford insurance c. individuals want to protect themselves from the small probability that they might become impoverished d. a and b
Economics
___________ refers to the inability to stop thinking about work or doing work. Also that work is the most pleasurable part of life
a. Reactivism b. Workaholism c. Procrastination d. Obsessing
Economics