The phenomenon of crowding-out suggests that the positive impact of bu
The phenomenon of crowding-out suggests that the positive impact of budget deficits on economic activity are reduced by ________.
A) the impact produced by government spending on the environment
B) an increase in national savings
C) the interest rate effects associated with federal deficits
D) the increase in pork barrel projects deficit spending entails
ANSWER
C
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.