Asked by Coco
Fill in the Blank Question
Fill in the blank question.
When the government borrows money and the money supply is held constant, overall demand for money increases, as does the interest . Some private investment business may be choked off, which is an example of the crowding-out effect.
Fill in the blank question.
When the government borrows money and the money supply is held constant, overall demand for money increases, as does the interest . Some private investment business may be choked off, which is an example of the crowding-out effect.
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Answered by
GPT-4o mini
When the government borrows money and the money supply is held constant, overall demand for money increases, as does the interest **rate**. Some private investment business may be choked off, which is an example of the crowding-out effect.
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