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).
The Asian Part of Turkey is located on the peninsula called Anatolia or Anatolian Peninsula. Bosphrorus is the straight between it and the European part.
Answer: I think it would be A (please mark me as brainliest)
A; workwrs were earning very little money compared to business owners
