31. The primary concern of economists worried about the crowding out effect is the A) growing size of the national debt. B) size of the interest payments on the national debt as compared with GDP. C) debate over future generations. D) upward pressure that increased borrowing places on interest rates.
31. The primary concern of economists worried about the crowding out effect is the A) growing size of the national debt. B) size of the interest payments on the national debt as compared with GDP. C) debate over future generations. D) upward pressure that increased borrowing places on interest rates.
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter15: Macroeconomic Policy, Economic Stability, And The Federal Debt
Section: Chapter Questions
Problem 12CQ
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