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Author Question: The crowding-out effect refers to: a. higher interest rates and reduced private spending that ... (Read 51 times)

dbose

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on: Jun 30, 2018
The crowding-out effect refers to:
 a. higher interest rates and reduced private spending that results from financing federal budget deficits.
  b. higher future taxes accompanying budget deficits to reduce private consumption.
  c. the inflation rate to rise when the unemployment rate is low.
  d. increases in private savings to reduce interest rates and, thereby, crowd-out government

Question 2

The U.S. supply curve of dollars is upward-sloping because a:
 a. higher number of yen per dollar means Japanese goods are cheaper in Japan.
  b. higher number of yen per dollar means Japanese goods are cheaper in the U.S.
  c. lower number of yen per dollar means Japanese goods are cheaper in the U.S.
  d. none of these.


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fwbard

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


dbose

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Reply 2 on: Jun 30, 2018
Gracias!

bigsis44

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Reply 3 on: Yesterday
:D TYSM

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