Question

In: Economics

Which equation and statement below best illustrates the concept of crowding out? Group of answer choices...

Which equation and statement below best illustrates the concept of crowding out?

Group of answer choices

a) Budget Surplus = TA - TR - G. If G increases, BS decreases.

b) I = S + BS. If G increases, BS decreases and I, therefore, decreases.

c) Y = C + I + G. If G increases, Y increases.

d) S = Y - C - T. G has no impact on S.

Solutions

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