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In the context of the public and private sectors of the economy, what does crowing out mean? A. Government borrowing causes private investment and consumption
In the context of the public and private sectors of the economy, what does "crowing out" mean?
A. Government borrowing causes private investment and consumption to decrease.
B. The government gives tax breaks to many segments of the economy at one time.
C. Too many private lenders make it difficult for the government to borrow.
D. Too many private savers compete for higher rates of return.
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