Question
Personal Income = Consumption + ? a) Exports b) Savings c) Capital d) Investment 17) If the government borrows too much money it may limit
Personal Income = Consumption + ?
a) Exports
b) Savings
c) Capital
d) Investment
17) If the government borrows too much money it may limit the amount available for 'normal' citizens. This is called?
a) Crowding Out Effect
b) Bond 'Squishing'
c) Big Government Overreach
d) Callateral Effect
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
