When the Government Increases Its Borrowing, the Budget _____ Increases

question 162

Short Answer

When the government increases its borrowing, the budget _____ increases and government debt _____. The resulting change in investment due to this increased government borrowing is called _____.

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Definitions:

World Cup

An international football (soccer) competition held every four years among the national teams of FIFA member countries.

Behavioral Economists

Economists who study the impacts of psychological, cognitive, emotional, cultural, and social factors on economic decisions made by individuals and institutions.

Behavioral Economics

An area of economics that incorporates insights from psychology to understand decision-making and economic behavior that deviates from classical economic theories.