问题
单项选择题
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.
答案
参考答案：C
解析：
It would decrease, not increase, the profitability of corporate investment projects.