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The Impact of Crowding Out May Be the Least

question 31

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The impact of crowding out may be the least


Definitions:

Production Possibilities Curve

A graphical representation that shows the maximum quantity of two products that a country can produce using its resources efficiently.

Elimination

The process of removing or excluding something or someone from consideration or from a particular set or group.

Domestic Output

The aggregate value of every product and service created within the confines of a nation during a specific period.

Redistribution

The reallocation of income, wealth, or resources among individuals or groups in a society.

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