If an economist says that fiscal policy "crowds out," she believes that
A) government spending has caused workers to lose their jobs.
B) government subsidies have caused a monopoly in an industry.
C) government borrowing has pushed private borrowers out of the financial market.
D) tax rates are so high that workers are encouraged to leave the labor market.
Correct Answer:
Verified
Q292: Which of the following is correct?
A)Both conservative
Q293: Crowding-out occurs when
A)workers lose jobs as a
Q294: The crowding-out effect refers to the situation
Q295: An annually balanced budget
A)is the same as
Q296: Between 1998 and 2000,
A)the federal budget was
Q298: Crowding-out
A)refers to the idea that increases in
Q299: The "crowding-out" debate refers to the disagreement
Q300: Statement I: Home equity loans automatically help
Q301: The time required for Congress to pass
Q302: When the Regan administration and the administration
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