Among the following cases,the opportunity cost of crowding out is the smallest when the government spends $9 billion
A) staffing the Internal Revenue Service hotline
B) printing stationery for new members of Congress
C) placing photographs of the new President in government and diplomatic offices worldwide
D) on Social Security benefits
E) on new interstate highways
Correct Answer:
Verified
Q107: The opportunity cost of deficit spending is
Q143: If the fraction of U.S.government securities held
Q144: A possible budget reform is
A)a quadrennial budget
B)breaking
Q146: When crowding out occurs,
A)private spending replaces public
Q147: The long-run opportunity cost of government spending's
Q149: Increases in the fraction of national debt
Q150: A major foreign holder of U.S.Treasury securities
Q151: If a budget deficit is the result
Q152: A possible budget reform is
A)a quadrennial budget
B)breaking
Q153: The share of _ in total federal
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