Which statement is a major consequence of high government budget deficits?
a. printing money...
Business, 14.11.2019 06:31 Nathaliasmiles
Which statement is a major consequence of high government budget deficits?
a. printing money to finance the deficit can lead to a significantly deflationary environment.
b. all else held constant, high budget deficits financed by borrowing will lead to lower interest rates.
c. budget deficits cause unemployment as firms relocate to countries with balanced budgets.
d. if the government finances the deficit by borrowing money, it can crowd out business investment.
Answers: 1
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