Q: 76 (CDS-I/2023)The contraction of private investment spending due to deficit spending by the Government is calledcrowding outcrowding inpump primingdumpingquestion_subject: Economicsquestion_exam: CDS-IExplanationCrowding out occurs when increased government spending leads to higher interest rates, which reduces private investment in the economy due to scarce funds. Please login to bookmark this question