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DBpedia 2016-04

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Matches in DBpedia 2016-04 for { ?s ?p "In economics, crowding out is argued by some economists to be a phenomenon that occurs when increased government involvement in a sector of the market economy substantially affects the remainder of the market, either on the supply or demand side of the market.One type frequently discussed is when expansionary fiscal policy reduces investment spending by the private sector. The increased borrowing 'crowds out' private investing. Originally, crowding out was related to an increase in interest rates from the borrowing, but that was broadened to multiple channels that might leave total output little changed or smaller.Other economists use "crowding out" to refer to government providing a service or good that would otherwise be a business opportunity for private industry, and be subject only to the economic forces seen in voluntary exchange. Other commentators and other economists sometimes use the term "crowding out" to refer the government spending using up financial and other resources that would otherwise be used by private enterprise."@en }

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