Crowding out refers to a(n)
a. decrease in the amount of goods produced after too many goods have crowded onto the market
b. business tactic used to steal a competitor's customers
c. increase in one sector's spending caused by an increase in another sector's spending
d. decrease in the price level after too many goods have crowded onto the market
e. decline in one sector's spending caused by an increase in another sector's spending
E
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In the long run, a profit-maximizing monopolistically competitive firm sells at a price that is:
A. equal to average total cost, but higher than marginal cost. B. equal to marginal cost and marginal revenue. C. equal to average total cost, but lower than marginal cost. D. equal to demand, but higher than average total cost and marginal cost.
Porter's five forces model is trying to identify things that leads to a company's success
Indicate whether the statement is true or false
In order to increase the money supply, the banking system must have which of the following?
What will be an ideal response?
Between 1989 and 1994 the poverty rate went _____.
A. down substantially B. down slightly C. up slightly D. up substantially