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).
A feeling of strong devotion to one's country is called : nationalism
People with nationalism principle tend to be capable to do anything in order to bring benefit to their country, such as waging war, conquering more territory for the country, etc
hope this helps
The first recorded gladiatorial combat in Rome occurred when three pairs of fights fought to the death, which is why its represented in Rome.
D. Beautiful rugs, carpets, and arts and crafts
