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When a government has a budget surplus, the surplus pick one 1.increases the world real interest rate. 2.crowds-out private saving. 3.decreases the demand for loanable
When a government has a budget surplus, the surplus
pick one
1.increases the world real interest rate.
2.crowds-out private saving.
3.decreases the demand for loanable funds.
4must be subtracted from private saving.
5.helps finance investment.
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