If the economy is at full employment and the government increases its purchases of goods and ser vices, does this always lead to crowding out? Is crowding out good or bad for the economy? Discuss the...

If the economy is at full employment and the government increases its purchases of goods and ser vices, does this always lead to crowding out? Is crowding out good or bad for the economy?

Discuss the following statement: If the Trea sury increases its borrowing today, interest rates will always go up