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18 Aug 2020
The crowding-out effect of borrowing to finance the increases in government expenditures
a. reduces current spending for private investment.
b. increases the privately owned stock of capital.
c. reduces the economic burden on future generations.
d. increases incentives to innovate.
The crowding-out effect of borrowing to finance the increases in government expenditures
a. reduces current spending for private investment.
b. increases the privately owned stock of capital.
c. reduces the economic burden on future generations.
d. increases incentives to innovate.
Alice SejakeLv10
7 Oct 2020