- Group(s): Key terms and concepts
The crowding out view is that a rapid growth of government spending leads to a transfer of scarce productive resources from the private sector to the public sector where productivity might be lower. Can also lead to higher taxes and interest rates which squeezes profits, investment employment in the private sector.
Haberdashers' Aske's Boys' School, Elstree, Hertfordshire
Winland Academy Ltd, London
Summer 2018 Examiner Vacancies – A-level Economics - Final Few Vacancies 10 days left to apply
AQA, Home based
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