Multiple Choice
Crowding out would most likely occur when:
A) workers lose jobs as a result of anti-inflationary fiscal policies.
B) the federal government engages in bond sales to finance its budget deficit.
C) Congress enacts budget cuts to balance the budget.
D) tax receipts rise more slowly than anticipated, resulting in the need to cut government spending.
Correct Answer:

Verified
Correct Answer:
Verified
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