Crowding Out Implies That an Increase in Government Spending Affects

question 49

True/False

Crowding out implies that an increase in government spending affects only the price level and not output.

---

Definitions:

Salesperson's Presentation Mix

The combination of techniques, materials, and methods used by a salesperson to make their sales presentation effective and persuasive.

Unbiased Conviction

A firm belief or opinion formed without prejudice or favoritism towards any side.

Industrial Products

Products sold primarily for use in producing other products.