The "Crowding-Out" Critique Is Based on the Idea That

Multiple Choice

The "crowding-out" critique is based on the idea that

A) consumption increases when government spending increases.
B) government spending may be a substitute for private spending.
C) time lags crowd out the effects of fiscal policy.
D) supply-side fiscal policy does not increase total output.
E) increases in government spending and decreases in taxes are offset by increases in savings.