Crowding out occurs when a. business profits are extremely high b. government and private individuals compete for loanable funds. c. banks refuse to make loans to bad credit borrowers d. government prints money
Crowding out occurs when a. business profits are extremely high b. government and private individuals compete for loanable funds. c. banks refuse to make loans to bad credit borrowers d. government prints money
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter16: Government Spends, Collects, And Owes
Section: Chapter Questions
Problem 3AA
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Question
Crowding out occurs when
a. |
business profits are extremely high |
|
b. |
government and private individuals compete for loanable funds. |
|
c. |
banks refuse to make loans to bad credit borrowers |
|
d. |
government prints money |
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