The Crowding-Out of Investment May Be Avoided If a Budget

question 83

True/False

The crowding-out of investment may be avoided if a budget deficit is financed by issuing new money.

---

Definitions:

Recognize

To acknowledge or formally accept something as valid, true, or significant.

Injured

The state of being harmed or damaged, physically, financially, or legally, due to another's acts or omissions.

Household Members

Individuals who reside in the same home and often share living expenses; may include family members and roommates.

Implied Warranty of Assignability

An assurance within the scope of the law that a contract can be transferred or assigned to another party.