Crowding in occurs when government spending, by raising Real GDP, induces increases in private investment spending.
Answer the following statement true (T) or false (F)
True
Economics
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Multilateral aid is provided by
a. The U.S. Agency for International Development b. The Canadian International Development Agency c. The World Bank d. The American Red Cross e. none of the above
Economics
Two ways to postpone diminishing returns are:
a. Increase labor and improve education. b. Increase all resources together and make the production process more efficient. c. Actually, there is no way to postpone diminishing returns. d. Keep the government budget balanced and increase the money supply at a rate that keeps inflation low (e.g., at 2% or whatever the national goal happens to be). e. Increase the quantity of capital.
Economics