Traditional Culture Encyclopedia - Traditional stories - The crowding out effect is in which chapter of macroeconomics in ma engineering

The crowding out effect is in which chapter of macroeconomics in ma engineering

The crowding out effect is in chapter 4 of Marxist Macroeconomics. In chapter 4 of Marxist Economics, "The Dynamics and Constraints of Capital Accumulation", a school of thought known as "modern monetarism" is mentioned, which advocates that the expansion of the money supply leads to an increase in the demand for investment, which in turn leads to inflation and higher interest rates, leading to substitution and crowding out effects in the credit market. Inflation and interest rates rise, leading to substitution and crowding out effects in the credit market. So the crowding out effect in the horse engineering macroeconomics chapter four.