Generally, economists believe that crowding out is

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Generally, economists believe that crowding out is less than complete. This means that one extra dollar of government spending decreases private spending by less than a dollar. However, the extent to which crowding out occurs can depend on many factors, such as the state of the economy, the size of the government's fiscal deficit, and the interest rate at which the government borrows. Therefore, while crowding out is not complete, it is still an important consideration for policymakers to keep in mind when making decisions about government spending.

Generally, Economists Believe That Crowding Out Is