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2008 CFA Level 1 - Sample 样题(2)-Q20

20The crowding-out model suggests that the stimulus effect of increased government expenditures will be modified by changes in real interest rates and the flow of foreign financial capital, because real interest rates will:

A. rise and inflows of financial capital from outside the country will increase.

B. rise and inflows of financial capital from outside the country will decrease.

C. fall and inflows of financial capital from outside the country will increase.

D. fall and inflows of financial capital from outside the country will decrease.

[此贴子已经被作者于2008-11-7 13:34:59编辑过]

 a

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 thx

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fsg

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3

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b

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ok

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d

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x

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d

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