Which of the following statements about crowding out is false ?
A) It is not caused by a budget surplus.
B) It is caused by a budget deficit.
C) It can completely offset the government's debt
D) It affects interest rates and not economic growth.
Correct Answer:
Verified
Q22: One concern over external national debt is
Q24: If the economy is at full employment:
A)
Q29: Which of the following would be true
Q31: Supply-siders argue that:
A) reductions in government spending
Q32: The crowding-out effect refers to:
A) higher interest
Q33: Supply-siders feel that high levels of government
Q37: Crowding out occurs when the federal government:
A)
Q38: According to the crowding-out view, budget deficits
Q39: Supply-side economists argue that less government spending:
A)
Q40: Which of the following is a valid
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