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During the late 1990s, governments around the world had large budget deficits, In the early 2000s, government budget deficits began to turn into surpluses, With

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During the late 1990s, governments around the world had large budget deficits, In the early 2000s, government budget deficits began to turn into surpluses, With a partial Ricardo-Barro effect, with government deficits and with government surpluses than with no Ricardo-Barro effect O A. the demand for loanable funds is larger, the demand for loanable funds is smaller B. the real interest rate is higher, the real interest rate is lower C. the private supply of loanable funds is lower, the private supply of loanable funds is greater OD. the real interest rate is lower, the real interest rate is higher

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