A reduction in government borrowing can:
A. decrease the incentive to invest.
B. increase the interest rate.
C. crowd out private investment in human capital.
D. give private investment an opportunity to expand.
Answer:D
A reduction in government borrowing can:
A. decrease the incentive to invest. B. increase the interest rate. C. crowd out private investment in human capital. D. give private investment an opportunity to expand.
Explanation: Type: Multiple Choice