Budgetary Deficits Always Have the Effect Of

question 51

Multiple Choice

Budgetary deficits always have the effect of:

• A)creating inflationary pressures
• B)crowding out private borrowerslenders
• C)forcing the Federal Reserve to buy government securities
• D)creating governmental competition for private investment funds

---

Definitions:

Valid Test

A test that accurately measures what it is intended to measure.

Extraordinarily Unlikely

An occurrence or event that has a very low probability of happening.

Crystallized Intelligence

The store of information, skills, and strategies that people have acquired through education and prior experiences and through their previous use of fluid intelligence.

Quantum Intelligence

The theoretical application of quantum computing principles to create systems capable of intelligent behavior.