The risk of crowding out is greater the closer the economy is to full employment.
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Q125: The government finances the deficit by borrowing
Q126: Externally held debt refers to that part
Q127: Eventually,external debt must be repaid with the
Q128: The national debt is a stock of
Q129: The opportunity cost of the debt is
Q131: If the government uses a budget surplus
Q132: The issuance of new debt in payment
Q133: Rising interest rates can cause crowding out,but
Q134: By using restrictive fiscal policy during the
Q135: When deficits are run continuously with a
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