If Parks Canada spends money on promoting the use of national parks as perfect sites for a summer vacation,then motels,campgrounds,and other tourist attractions in the private sector may become less attractive to consumers.If,as a result of the promotion,consumers spent more money on trips to the national parks and less money in the private sector for their vacations,what would have occurred?
A) deficit spending
B) demarketing
C) crowding out
D) public-sector inflation

Question

Quizplus · Accepted Answer

This scenario describes crowding out, which occurs when increased public sector spending (in this case, on national park promotion) decreases private sector spending. This can result in a shift of resources away from the private sector and towards the public sector.

If Parks Canada Spends Money on Promoting the Use of National