Author Question: Crowding out is the theory that an increase in our federal government's budget deficit will likely: ... (Read 93 times)

gonzo233 · **on:** Jun 30, 2018

Crowding out is the theory that an increase in our federal government's budget deficit will likely:
a. increase the national debt.
b. increase interest rates.
c. decrease borrowing by households and businesses
d. reduce the impact of the spending multiplier implies because of crowding out.
e. all of these.

Question 2

If a Japanese stereo priced at 1,000,000 yen can be purchased for 1,000, the exchange rate is:
a. 1,000 yen per dollar. b. 1,000 dollars per yen.
c. 0.001 dollars per yen. d. none of these.