A reduction in private-sector borrowing and spending caused by increased government borrowing is known as:

Name: A reduction in private-sector borrowing and spending caused by increased government borrowing is known as:
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Crowding out refers to a situation where increased government borrowing leads to higher interest rates, which in turn discourages private-sector borrowing and spending. This can lead to a reduction in private investment and economic growth.

A Reduction in Private-Sector Borrowing and Spending Caused by Increased