Crowding out effect, The United States is experiencing a

Crowding out effect

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The United States is experiencing a recession and Congress decides to adopt an expansionary fiscal policy to stimulate the economy. In this case, the crowding-out effect suggests that investment spending would

1. Who were the three ADM executives who were sentenced to prison for this little escapade? Is there anything unique about the highest-ranking executive who got sentenced - like a family connection? (hint: the New York Times had a number of stories about this case.

2. One of the three ADM executives was actually an informant who tipped off the Feds about this conspiracy. Which executive was he? Why did he rat out his co-workers?

Reference no: EM135678

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