An increase in private sector borrowing (and spending) caused by decreased government borrowing is known as
A. Crowding in.
B. Crowding debt.
C. Debt reduction.
D. Crowding out.
Answer: A
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The demand for loanable funds is determined by the willingness of ________ to borrow money to engage in new investment projects
A) households B) banks C) government D) firms
The measure of market power that focuses on the share of the market controlled by the X largest firms in the market is known as:
A) the Lerner Index. B) the Herfindahl-Hirschman Index. C) the Minimum-Efficient Scale Index. D) a concentration ratio.
The required reserve ratio is set by the
A) U.S. Congress. B) President of the United States. C) Secretary of the Treasury. D) Federal Reserve. E) Director of Monetary Affairs.
At which point is society producing some of each type of structure but still producing inefficiently? (See Figure 1.1.)
A. A. B. B. C. C. D. D.