Question: One objection to deficit spending is that it increases the demand for loanable funds thereby putting upward pressure on interest rates that crowds out private

One objection to deficit spending is that it

One objection to deficit spending is that it increases the demand for loanable funds thereby putting upward pressure on interest rates that crowds out private investment spending thereby lowering future U.S. growth. (1) What is the general level of interest rates in 2020

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