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Smart Reasoning:

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Qaagi - Book of Why

Causes

Effects

to rise as the country seeks funds for power and infrastructure projects(passive) is setGovernment borrowing

to rise to between 13 % and 21 % of GDP(passive) is setGovernment borrowing

to rocket to levels well above those seen during the financial crisis(passive) is setGovernment borrowing

to increase putting the deficit reduction target at risk(passive) is setGovernment borrowing

enactment of the plan(passive) prompted bygovernment borrowing

to break the chancellor 's own limit by next year , with borrowing set to hit £ 50 billion or 2.3 % of national income(passive) is setGovernment borrowing

Warcreatesgovernment borrowing

to fall in the 2017/18 financial year to just over £ 40 billion around 2 % of GDP(passive) is setGovernment borrowing

the tax bill during the next decade(passive) caused bygovernment borrowing

to increase sharply and details were also announced about tax rises in the future to reduce borrowing(passive) is setGovernment borrowing

Congress(passive) set bygovernment borrowing

to fall from £ 137 billion in 2010/11 to £ 127 billion in 2011/12(passive) is setGovernment borrowing

to fall from £ 29.3bn in 2019 - 20(passive) is setGovernment borrowing

to rocket under the latest plans Government figures released on Monday showed the Job Retention Scheme was paying the bulk of wages due to 6.3 million people at a cost , to date , of £ 8bn(passive) is setGovernment borrowing

to overshoot its target by 14 - 17 billion pounds every year until 2015(passive) was setGovernment borrowing

to hit £ 114 billion this year(passive) is setGovernment borrowing

to be over £ 50 billion next year(passive) is setGovernment borrowing

to fall every subsequent year(passive) is setGovernment borrowing

a Johnsonledgovernment on the economy

to higher interest rates , which attract inflows of money on thecapital account from foreign financial marketsleadsto higher interest rates , which attract inflows of money on thecapital account from foreign financial markets

to higher interest rates that may offset the stimulative impact of spending 2leadsto higher interest rates that may offset the stimulative impact of spending 2

to higher interest rates that may offset the stimulative impact of spending 13leadsto higher interest rates that may offset the stimulative impact of spending 13

money ... just like private borrowingdoes createmoney ... just like private borrowing

inflation and higher interest rateswill createinflation and higher interest rates

to higher demand for money which results in higher interest rates and reduced availability of loans to businesses better called clouding outleadsto higher demand for money which results in higher interest rates and reduced availability of loans to businesses better called clouding out

to higher interest rates which in turn reduce private investmentleadingto higher interest rates which in turn reduce private investment

a hundred jobs(passive) created ... bya hundred jobs

private firms to cancel planned investment projects because of higher interest ratesleadsprivate firms to cancel planned investment projects because of higher interest rates

a vacuum , a great sucking sound ... leaving less available credit for private individual and commercial borrowers and the possibility of these borrowers paying higher interest ratescreatesa vacuum , a great sucking sound ... leaving less available credit for private individual and commercial borrowers and the possibility of these borrowers paying higher interest rates

in firming up of yields ... notwithstanding the substantial excess liquidity ... militating against the low interest rate regime that we want ... This year again , the Reserve Bank will have to manage the delicate balance between government borrowing and maintaining ample liquidity to meet the demand for private credit as it picks up in the months aheadhad resultedin firming up of yields ... notwithstanding the substantial excess liquidity ... militating against the low interest rate regime that we want ... This year again , the Reserve Bank will have to manage the delicate balance between government borrowing and maintaining ample liquidity to meet the demand for private credit as it picks up in the months ahead

an annual budget deficitcreatesan annual budget deficit

higher demand for credit in the financial marketscreateshigher demand for credit in the financial markets

the national debt to double in five years while output is still below potentialhas ledthe national debt to double in five years while output is still below potential

both bonds ( debt ) and bank deposits ( creditcreatesboth bonds ( debt ) and bank deposits ( credit

in high real interest rates of almost 50 percenthas resultedin high real interest rates of almost 50 percent

to soar to perhaps 12pc of GDP and debtsetto soar to perhaps 12pc of GDP and debt

to surgeis setto surge

sometimescreatessometimes

an enormous debt of more than $ 100 billion that the country was unablecreatedan enormous debt of more than $ 100 billion that the country was unable

to less investment available for the private marketleadsto less investment available for the private market

to rise to £ 322bn this yearis setto rise to £ 322bn this year

interventions of this scope and magnitude from the central bankhas ... promptedinterventions of this scope and magnitude from the central bank

rate hikes beyond what CBK had orchestratedhas promptedrate hikes beyond what CBK had orchestrated

much more economic distress than occurs naturally in a free economywill causemuch more economic distress than occurs naturally in a free economy

recentlyhas ... sparkedrecently

to excess Treasury Bills flooding the financial marketledto excess Treasury Bills flooding the financial market

to be £ 122billion higher than previously expected by 2021 ... with around half the figure directly related to the decision to cut ties with Brusselswas setto be £ 122billion higher than previously expected by 2021 ... with around half the figure directly related to the decision to cut ties with Brussels

to be £ 46billion more than plannedsetto be £ 46billion more than planned

private lending ConservativeHome 28 November 2008is preventingprivate lending ConservativeHome 28 November 2008

to be about £ 7bn lower in 2017 - 18 than had been predicted when he unveils the latest forecasts of the Office for Budget Responsibility ( OBR ) , which will for the first time include spending estimates for the £ 35 - 39bn Brexit “ divorce bill ” agreed with the EU in Decemberis setto be about £ 7bn lower in 2017 - 18 than had been predicted when he unveils the latest forecasts of the Office for Budget Responsibility ( OBR ) , which will for the first time include spending estimates for the £ 35 - 39bn Brexit “ divorce bill ” agreed with the EU in December

to rise significantly as a result of the Covid-19 pandemic and this will put tremendous pressure on public financesis setto rise significantly as a result of the Covid-19 pandemic and this will put tremendous pressure on public finances

to soar for the tax years 2009 - 10 and 2010 - 11 totaling £ 317 billion , up £ 100 billion and now virtually identical to my forecast of November 2008 of £ 314 billionis setto soar for the tax years 2009 - 10 and 2010 - 11 totaling £ 317 billion , up £ 100 billion and now virtually identical to my forecast of November 2008 of £ 314 billion

a six - year depressioncauseda six - year depression

in sky high interest rates ... briefly hovering around 20 percent ... and a serious recession with 10-percent unemployment in 1982resultedin sky high interest rates ... briefly hovering around 20 percent ... and a serious recession with 10-percent unemployment in 1982

to rise to £ 175 billion a year , or 12.5 % of national incomeis setto rise to £ 175 billion a year , or 12.5 % of national income

a crowding out effect(passive) caused bya crowding out effect

a dramatic rise in interest rates is nonsenseto causea dramatic rise in interest rates is nonsense

repayments(passive) caused byrepayments

about 23 per cent by the end of 2018contributingabout 23 per cent by the end of 2018

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