Crowding in Effect refers to the effect that when the government adopts expansionary fiscal policy, it can induce the increase of private consumption and investment, so as to increase the total output or employment; Crowding out Effect refers to the effect of reducing private consumption or investment with the increase of government expenditure when there is a new increase in supply and demand, which will lead to the crowding out of some funds from the original advance and flow into new commodities
According to the above definition, which of the followings belongs to Crowding out Effect:
After the implementation of the house purchase restriction order in a city, the transaction in the real estate market was depressed, and people turned to invest in the adjacent market, which further heated up the real estate market in the adjacent market