When crowding out occurs, higher government spending results in ...

[dakota nelson]

When crowding out occurs, higher government spending results in higher interest rates, which in turn results in:
 a. higher inflation.
  b. less consumption and investment.
  c. a larger debt ceiling.
  d. more tax revenues.

Question 2

The exchange rate is the:
 a. value of money.
  b. quantity of dollars, yen, etc. that are traded.
  c. amount of a foreign currency that is brought back to the United States by tourists.
  d. number of units of your currency that it takes to buy one unit of a foreign currency.
  e. number of units of a foreign currency that can be bought with one unit of your own currency.

[briezy]

Answer to Question 1

b

Answer to Question 2

e

[dakota nelson]

Correct answers!

[briezy]

Great! Please up vote