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What is the crowding-out effect?


the loss of funds for private investment due to government borrowing

a situation in which the government spends more than it takes in

all the money the federal government owes to bondholders

a situation in which the government takes in more than it spends

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User Villan
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1 Answer

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a situation in which the government takes in more than it spends

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User Tushar Nallan
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