Which of the Following Statements Is (Are) True? I

question 79

Multiple Choice

Which of the following statements is (are) true? I. The crowding-out effect can be mitigated if the funds from deficit spending are used for public investment.
II) Much of the U.S. national debt is held by the foreign public and is owned by foreign banks, corporations, mutual funds, pension plans, and individuals.
III) It's always wise for a country to pay off its debt.

• A) I only
• B) I and II only
• C) II and III only
• D) I, II, and III only

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Definitions:

Assault

A threat of violence or injury to a person.

Battery

The unlawful touching or striking of another person.

Negligence

Failure to take proper care in doing something, leading to damage or injury to another.

Injurious Falsehood

False statements about a firm, its products or business practices intended to dissuade others from doing business with the firm.