If crowding out exists, the expansionary effect of government spending will be:
a. smaller than intended.
b. negative.
c. infinite.
d. larger than intended.
e. zero.
a
Economics
You might also like to view...
To close an inflationary gap, the government will
a. run budget deficits b. decrease taxes, leaving government spending unchanged c. increase both taxes and government spending d. run budget surpluses e. legislate a reduction in the rate of inflation
Economics
The data below describe the economy of Econland:Business and household saving58Government transfers and interest payments12Government purchases of goods and services25Tax collections42Public saving in Econland equals:
A. -5 B. 16 C. 5 D. 17
Economics