When the government increases its borrowing, the budget _____ increases and government debt _____. The resulting change in investment due to this increased government borrowing is called _____
Fill in the blank(s) with correct word
deficit, increases, crowding-out
You might also like to view...
An individual deposits $12,000 in a commercial bank. The bank is required to hold 10% of all deposits on reserve. The deposit increases the loan capacity of the bank by
A. $9,600. B. $6,000. C. $10,800. D. $11,000.
Protectionism is usually justified on the basis of one of four arguments. What are those four arguments?
What will be an ideal response?
Refer to the table above. Once trade begins, a possible international price (i.e. terms of trade) for textiles in terms of grapes is
A) $5. B) 2/5. C) 2. D) 4/5.
Over the past several decades, farm employment has:
A. grown absolutely but declined as a percentage of total employment. B. declined both absolutely and as a percentage of total employment. C. increased both absolutely and as a percentage of total employment. D. declined absolutely but increased as a percentage of total employment.