Deficit Out Crowd
Nov. 28, 2024
Dance against the deficit, lunchtime outside the Bank of England.Contortionist in a suitcase saying 'Sendthe cuts packing' Stock Photo - Alamy Explain why government budget deficits crowd out private investment spending in a closed economy, but crowd out net exports in a small open economy. Assume prices are flexible and that factors of Lesson summary: crowding out (article) | Khan Academy Deficit Out Crowd