The decrease in investment caused by an increase in government borrowing is called:
A. the reshuffle effect.
B. Ricardian equivalence.
C. monetizing the debt.
D. crowding out.
Answer:D
The decrease in investment caused by an increase in government borrowing is called:
A. the reshuffle effect. B. Ricardian equivalence. C. monetizing the debt. D. crowding out.