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:
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Q20: The amount of government debt is called
Q21: An increasing budget deficit stimulates the economy
A)
Q22: In 2010,federal,state,and local governments spent an estimated
A)
Q23: The government's decisions about spending and taxation
Q24: Government spending is funded by a system
Q26: The total of all past government borrowing,minus
Q27: When the government competes with the private
Q28: The excess of the federal government's spending
Q29: Supply-side economics states that cutting taxes can
Q30: In the short term,a decrease in taxes
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