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Why is incorrect ? In a study on the degree of crowding out of Canadian private investment as a result of government expenditures from 1961-2000.

Why is incorrect ?

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In a study on the degree of crowding out of Canadian private investment as a result of government expenditures from 1961-2000. Professor Baotai Wang concluded that: Select one: a. all types of government spending b. government expenditures that increased human capital, such as spending on health and education. are more likely to lead to crowding out than other types of government expenditures c. crowding out depends on the nature of spending done by the government. -- cl. government expenditures, on infrastructure and capital are more likely to lead to crowding in because they expand a nation's capital stock. X

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