Question: the term 'crowding out' refers to the decrease in a. consumption expenditure from an increase in investment b. the real interest rate from a government
the term 'crowding out' refers to the decrease in
a. consumption expenditure from an increase in investment
b. the real interest rate from a government budget deficit
c. foreign investment due to high public investment
d. private investment from a government budget deficit
e. saving from an increase in disposable income
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