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The Congressional Budget Office reported that federal budget deficits in the United States were ...

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The Congressional Budget Office reported that federal budget deficits in the United States were ...

The Congressional Budget Office reported that federal budget deficits in the United States were likely to increase in future years, and these higher deficits might "pose a threat to the economy by crowding out business investment and threatening a spike in interest rates." This higher budget deficit would be represented graphically by
A) a shift in the supply curve for loanable funds to the right.
B) a shift in the supply curve for loanable funds to the left.
C) a movement to the right along the supply curve for loanable funds.
D) a movement to the left along the supply curve for loanable funds.

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InMacro

Edition: 1^st

Authors: Hubbard, O'Brien

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