What does crowding out in education refer to? a.The government spending money on education reduces what they can spend on other public goods b.The government spending money on education increases the amount that families spend on education c.The government spending money on education reduces the amount that families spend on education d.The government spending money on education increases what they can spend on other public goods
What does crowding out in education refer to? a.The government spending money on education reduces what they can spend on other public goods b.The government spending money on education increases the amount that families spend on education c.The government spending money on education reduces the amount that families spend on education d.The government spending money on education increases what they can spend on other public goods
Chapter11: Managing Aggregate Demand: Fiscal Policy
Section11.B: Algebraic Treatment Of Taxes And Fiscal Policy
Problem 3TY
Related questions
Question
What does crowding out in education refer to?
a.The government spending money on education reduces what they can spend on other public goods
b.The government spending money on education increases the amount that families spend on education
c.The government spending money on education reduces the amount that families spend on education
d.The government spending money on education increases what they can spend on other public goods
Expert Solution
Step 1
Crowding out effect refers to the situation where the availability of fund for he private investment decrease as a result of increasing government expenditure
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
