​Crowding Out Refers to the Government's Increased Demand for Credit,which

question 45

Multiple Choice

​Crowding out refers to the government's increased demand for credit,which:

• A)displaces some private sector consumption by decreasing the price level.
• B)displaces some private sector borrowing by decreasing the interest rate.
• C)displaces some private sector borrowing by increasing the interest rate.
• D)hires labor away from the private sector.
• E)displaces some import purchases by the private sector.