Business, 24.12.2019 03:31 kenoknox

Crowding out occurs when

a. the government budget is in surplus, so people have paid too much tax
b. households' budgets are in deficit and saving decreases
c. the government budget is in deficit but taxpayers are rational and the ricardo-barro effect operates
d. the government budget is in deficit and the real interest rate rises

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Crowding out occurs when

a. the government budget is in surplus, so people have paid t...

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