Global Crowding Out Is Described in the Text to Mean

question 18

Multiple Choice

Global crowding out is described in the text to mean the impact of

• A) excessive U.S. population growth on interest rates.
• B) excessive global population growth on interest rates.
• C) an excessive budget deficit in one country on interest rates of another country.
• D) an excessive budget deficit in one country on exchange rates.

---

Definitions:

Furnishings

Items designed to make a space such as a room or building suitable for living or working in, including furniture, floor coverings, and decorations.

Limitations Period

A set period of time within which a legal claim must be filed or be permanently barred.

Breach

A violation or infringement of a law, obligation, standard, or agreement.

Commercially Impracticable

A doctrine where parties are relieved from their contractual duties when events have occurred making performance excessively difficult or costly.