The crowding-out effect is Multiple Choice strongest when the economy is at full employment. weakest when there is demand-pull inflation. strongest when the economy is in a deep recession. equally strong, regardless of the state of the macroeconomy.
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Home » Business » The crowding-out effect is Multiple Choice strongest when the economy is at full employment. weakest when there is demand-pull inflation. strongest when the economy is in a deep recession. equally strong, regardless of the state of the macroeconomy.