Crowding out is the idea that when
A. government spending is increased in one area, it must be decreased in another.
B. private spending is increased, it must be decreased in another.
C. one entitlement recipient enters a program, another must leave.
D. government spending is increased, private spending must decrease.
Answer: D
You might also like to view...
Define asset market equilibrium and state the asset market equilibrium condition
What will be an ideal response?
What has been the market outcome of government-enforced price floors for agricultural products?
A) Not enough food has been produced. B) Farmers have been made worse off. C) A shortage of agricultural products has resulted. D) A surplus of agricultural products has resulted.
If the firms hires 5 workers, the average variable costs equals
a. $10 b. $100 c. $800 d. Need more information
The Position Analysis Questionnaire analyzes jobs in terms of _____.
A. job data B. duties and responsibilities C. job elements and tasks D. employee data