Question

Which of the following best

describes the "crowding out"
theory in economics?
A. Economists believe that all businesses will
prosper with maximum government
intervention.
B. Economists believe that government
action can have a positive impact on the
economy.
C. Economists argue that government action
can have negative and unseen consequences.

Answer 1

C-Economists argue that government action can have negative unseen consequences

Answer 2

C

Step-by-step explanation:

Increased government spending reduces private spending.