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The process by which an increase in government borrowing results in less borrowing by businesses and consumers for private investment is called:

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The process by which an increase in government borrowing results in less borrowing by businesses and consumers for private investment is called expansionary fiscal policy.

What Is Expansionary Fiscal Policy

Expansionary fiscal policy refers to an increament in government spending, a decrease in tax revenue, or a combination of the two.

Expansionary fiscal policy is aimed at spurring economic activity and drive development.

Learn more about Fiscal policy at https://brainly.com/question/6583917