The crowding-out effect occurs when an expansionary fiscal policy increases the interest rate, decreases investment spending, and weakens fiscal policy.

One of the key economic questions is "where should products be produced?"

Indicate whether the statement is true or false

Which of the following is not an example of human capital formation?

A) Increases in the educational achievements of the population B) Increases in job skills of the labor force C) Improvements in the nutrition and health of the labor force D) Increases in the birth rate of the population