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What is the crowding-out effect?
Crowding out effect is a situation when increased interest rates lead to a reduction in private investment spending such that it dampens the initial increase of total investment spending.
Expert answered|phpmicro1986|Points 118|
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Asked 12/18/2017 6:43:00 AM
Updated 12/18/2017 8:14:29 AM
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Confirmed by Masamune [12/18/2017 8:14:29 AM]
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