The tendency for higher government budget deficits to decrease investment is called the
A) crowding-out effect.
B) deficit effect.
C) Ricardo-Barro effect.
D) inflation effect.
E) wealth effect.
A
Economics
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Which of the following is true for a monopoly?
A. A price ceiling on a monopoly is always desirable and price does not equal marginal cost. B. A price ceiling on a monopoly is always desirable. C. Price does not equal marginal cost. D. A monopoly always makes a positive profit.
Economics
Scarce resources give rise to the concept of
A. laissez-faire. B. positive economics. C. efficient markets. D. opportunity costs.
Economics