单选题 According to the crowding-out effect, which of the following statements is least likely correct? The sale of government bonds used to finance excess government spending will:
  • A. raise the real interest rate.
  • B. raise the nominal interest rate.
  • C. increase the profitability of corporate investment projects.
【正确答案】 C
【答案解析】It would decrease, not increase, the profitability of corporate investment projects.