Business, 10.03.2020 03:09 margaret8800

The crowding‑out effect describes a scenario in which federal deficit spending causes:

A. private spending to increase.
B. decreased interest rates, which reduces private spending.
C. increased interest rates, which reduces private spending.
D. wages to fall, crowding out workers in low‑paying jobs.

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The crowding‑out effect describes a scenario in which federal deficit spending causes:

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