Suppose the Congress and president decreased the maximum annual contributions limits to retirement accounts and at the same time reduced the budget deficit.What would happen to the interest rate?
A) It would decrease.
B) It would increase.
C) It would stay the same.
D) It might do any of the above.
Correct Answer:
Verified
Q72: Suppose government expenditures on goods and services
Q73: When the government runs a budget deficit,
A)interest
Q75: If Canada goes from a large budget
Q76: A decrease in the budget deficit
A)makes investment
Q78: Crowding out occurs when investment declines because
A)a
Q79: If the government currently has a budget
Q80: In 2009,the U.S.government's budget deficit increased substantially.Other
Q82: Which of the following statements is not
Q201: A budget deficit
A)changes the supply of loanable
Q207: Suppose the government changed the tax laws,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents