The crowding in of private investment is more likely to occur, ...

[K@]

The crowding in of private investment is more likely to occur, when _____.
 a. there is a depreciation of domestic currency
 b. interest rates increase significantly
 c. a contractionary gap exists in an economy
 d. the deficits lower expectations about economic growth
  e. an expansionary gap exists in an economy

Question 2

Which of the following periods was not characterized by inflation in the U.S. economic history?
 a. 19171920
  b. 19291933
  c. 1947
 d. 19781980
  e. 19801989

[cegalasso]

Answer to Question 1

c

Answer to Question 2

b