Crowding out refers to federal government deficits financed by: a. Borrowing that increases interest rates and thereby
Question:
“Crowding out” refers to federal government deficits financed by:
a. Borrowing that increases interest rates and thereby reduces private spending.
b. Increasing taxes which reduces private spending.
c. The federal government buying foreign debt which reduces the amount of government spending and government programs.
d. Reducing government spending which reduces interest rates.
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