Multiple Choice
If Parks Canada spends money on promoting the use of national parks as perfect sites for a summer vacation, then motels, campgrounds, and other tourist attractions in the private sector may become less attractive to consumers. If, as a result of the promotion, consumers spent more money on trips to the national parks and less money in the private sector for their vacations, what would have occurred?
A) deficit spending
B) phasing out
C) crowding out
D) public-sector inflation
Correct Answer:

Verified
Correct Answer:
Verified
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