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).
Which war? Please explain in more detail?
Answer:
Jerusalem would be your answer
Explanation:
In the First Crusade (1095-1102 CE), Christians were called upon to rescue the Holy Land from Islamic rule. Jerusalem was captured by western allies and became an independent kingdom ruled by Raymond IV and Godfrey of Boullion in 1099 CE. please add brainliest if this helps thanks. :P
i think it was to farm I dont think thats it though.
Answer:
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