Answer:
They also used sophisticated mathematical techniques for devising a calendar, for administration, and for accounting. In terms of using mathematics every day, the Egyptians were masters and devised some sophisticated techniques.
Explanation:
Answer:
The correct answer is option E.
Explanation:
Crowding out effect refers to the situation when an increase in the government spending causes investment spending to decline. When government increases spending it borrows fund. This causes an increase in the demand for loanable funds. As a result, the interest rate increases.
This increase in interest rate causes private investment to decline. this further causes a reduction in consumption.
The correct answer is C.- highest possible benefits.