The enormous budget deficits of 2009 through 2011 meant that the federal government was borrowing upwards of $1.5 trillion per year. If that borrowing had limited the ability of the private sector to get financial capital for its purposes, economists would call this

A. crowding out.
B. forcing in.
C. crowding in.
D. forcing aside.


Answer: A

Economics

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Economics

Ceteris paribus, which of the following is most likely to cause an increase in the quantity supplied of perfume?

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Economics

?Strawberries (pounds)    Consider the above table. Assuming the government imposes a price ceiling on strawberries of $4 per pound, what would be the likely result?

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Economics