According to the Crowding-Out Effect, a Budget Deficit Will Lead

Multiple Choice

According to the crowding-out effect, a budget deficit will lead to:

A) ​reduced investment spending and a reduction in long-term economic growth.
B) ​reduced investment spending and an increase in long-term economic growth.
C) ​increased investment spending and a reduction in long-term economic growth.
D) ​increased investment spending and an increase in long-term economic growth.