Social Studies, 01.11.2019 04:31, Inriso

Which of the following is an example of crowding-out?
a. the government invests in education, shifting the long-run aggregate supply curve to the right.
b. the government lowers taxes, but spending does not increase.
c. the government buys elementary students new school uniforms, which decreases the amount of private spending on school uniforms.
d. the government conducts countercyclical policy at the wrong time.
e. the government spends more than it collects in taxes.

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Which of the following is an example of crowding-out?
a. the government invests in education,...