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Crowding out refers to federal government deficits financed by: a . the federal government buying foreign debt which reduces the amount of government spending and
"Crowding out" refers to federal government deficits financed by: a the federal government buying foreign debt which reduces the amount of government spending and government programs. b borrowing which increases interest rates and thereby reduces private spending. c reducing government spending which reduces interest rates. d increasing taxes which reduces private spending.
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