A) Road development made canals obsolete and rarely used.
Answer:
true
Explanation:
it started growing from the 13 og colonies from the atlantic
Answer: No answer
Explanation:
Listen here,You cant expect someone to do a question that big for only five points,think again rtard
Answer:
The answer is A. Reducing the money supply
Explanation:
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).
