Business, 22.04.2020 03:35 any80

Crowding out is a phenomenon: a where an increase in government's budget deficit causes the overall investment spending to fall. b where an increase in government spending causes an equal decrease in consumption spending. c where overproduction in the goods market leads to a sharp drop in the aggregate price level. d where an increase in imports causes the overall domestic production to fall. e where an increase in government's budget surplus decreases the overall investment spending.

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Crowding out is a phenomenon: a where an increase in government's budget deficit causes the overall...