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).
1 is F, 2 is A, 3 is A, 4 is F
The roles of Nobles, Lesser Nobles and Peasant Nobles can be traced to ancient Feudalism.
<h3>Who were The Nobles?</h3>
The nobles were awarded or leased land, called fiefs or fiefdoms, from the king whom they swore their loyalty to. Those who received the fiefs were called the king's vassals. The king was the vassal's lord. The vassals served him by providing him with armies and knights for protection.
<h3>Who were the Lesser Nobles</h3>
In ancient Feudalism the lesser Nobles were the knights who gave military service in return for land. The Knights served as the highest order of military service closest to the King in terms of security.
<h3>Who were Peasant Nobles</h3>
The peasant Nobles leased lands from the lesser Nobles. They were of the lower class although the had a little bit of authority.
Learn more about Feudalism at brainly.com/question/4141227
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They were obligated to fulfill their duty of fighting for the King and their Homelands.
