Multiple Choice
A result of budget deficits is that governments have to borrow more,sometimes resulting in
A) increasing the rate of inflation.
B) decreasing interest rates.
C) increased foreign borrowing.
D) crowding out of the private sector from the market for loans.
Correct Answer:
Verified
Correct Answer:
Verified
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Q30: The higher the marginal propensity to consume,<br>A)
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