Question
Everything else equal, an increase in the government budget deficit would: Statement 1: Increase the government's demand for funds; Statement 2: Shift the demand curve
Everything else equal, an increase in the government budget deficit would: Statement 1: Increase the government's demand for funds; Statement 2: Shift the demand curve for funds to the left; Statement 3 Increase the interest rate in the economy
- A. Statement 2 only is correct.
- B. Statements 1 and 2 only are correct.
- C. Statement 1 and 3 only are correct.
- D. Statements 1, 2, and 3 are correct.
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
9th Edition
0618938737, 978-0618938735
