You want to invest $11,000 and are looking for safe investment options. your bank is offering you a certificate of deposit that pays a nominal rate of 14% that is compounded bimonthly (every two months). what is the effective rate of return that you will earn from this investment?

Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.