True/False
Crowding out is the idea that an increase in government spending may cause a reduction in private sector spending.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q106: What happens to aggregate demand when government
Q107: The second crisis of economic theory refers
Q108: In formulating fiscal policy it is necessary
Q109: Defense,health,and highway spending are income transfers.
Q110: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" In Figure 11.1,assume
Q112: In a diagram of aggregate demand and
Q113: What will happen in the economy if
Q114: The U.S.government was given the power to
Q115: Which of the following explains why the
Q116: Which of the following would cause both