Crowding Out Would Most Likely Occur When

question 61

Multiple Choice

Crowding out would most likely occur when:

• A)workers lose jobs as a result of anti-inflationary fiscal policies.
• B)the federal government engages in bond sales to finance its budget deficit.
• C)Congress enacts budget cuts to balance the budget.
• D)tax receipts rise more slowly than anticipated, resulting in the need to cut government spending.

---

Definitions:

Provisional

Not final.

Substitute Check

An electronic or digital version of an original paper check, used in the banking industry to streamline check processing.

Warranties

Legally binding promises or guarantees that a product or service will meet specified criteria of quality, performance, or reliability.

Bad-Check Statute

Laws that penalize individuals who knowingly write checks from a bank account without sufficient funds.