Answer:
This borrowing may have a negative impact by crowding out private investment.
Explanation:
When the government goest into deficit spending to stimulate the economy in times when the economy is slowing down, what happens is that the government now demands more loanable funds: it demands a higher proportion of the savings in the economy in the form of government bonds.
This higher government demand for loanable funds crowds out private investment for two reasons:
- It raises the interest rate, making private investment more expensive.
- It reduces the amount of loanable funds available for the private sector (because it takes over a larger share of them).
Answer:
what was it like to be president, and in his opinion what was his most helpful thing for America
One of the Greeks main influences on Roman Culture was the concept of democracy. This was first established in the Classical Period of Greece (its Golden Age).
They would lose funding if they chose to desegregate.
