The federal deficit is potentially bad due to all of the following except:
A) crowding out of investment.
B) larger trade deficits with the rest of the world.
C) greater interest costs of the debt.
D) greater unemployment.
E) None - all of these might result from federal deficit spending.
Correct Answer:
Verified
Q51: Which of the following statements is false?
A)
Q52: To maintain a given equilibrium, which of
Q53: Crowding out takes place when the government
Q54: Interest payments on the national debt
A) account
Q55: The national debt is the
A) current budget
Q57: A progressive tax is not a(n)
A) automatic
Q58: If all U.S. government bonds are held
Q59: The growth of the federal budget deficit
Q60: Foreign holdings of U.S. national debt
A) have
Q61: Taxes on international trade are very important
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