The Crowding in of Private Investment Is More Likely to Occur,when

question 139

Multiple Choice

The crowding in of private investment is more likely to occur,when _____.

• A)there is a depreciation of domestic currency
• B)interest rates increase significantly
• C)a contractionary gap exists in an economy
• D)the deficits lower expectations about economic growth
• E)an expansionary gap exists in an economy

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Definitions:

Saint Benedict

A Christian saint, known as the father of Western monasticism, who established the Benedictine Rule in the 6th century.

Gospel Manuscripts

Ancient texts that contain the writings of the four Gospels of the New Testament, often decorated and illuminated in various artistic styles.

Moissac

A commune in France, notable for its Abbey Church of Saint-Pierre, which showcases remarkable Romanesque sculpture and architecture.

Eadwine Psalter

A medieval illuminated manuscript, known for being one of the most lavishly decorated psalters from the 12th century.