Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra A Modern Introduction

Authors: David Poole

3rd edition

9781133169574 , 978-0538735452

Students also viewed these Economics questions