Business, 24.01.2020 23:31 leoiscoolcool
Suppose that government purchases rise by $100 billion and together consumption and investment decline by a total of $80 billion.
this is an example of:
a) complete crowding out.
b) zero crowding out.
c) incomplete crowding out.
d) an activity that shifts the ad curve to the left.
e) b and d
Answers: 3
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Suppose that government purchases rise by $100 billion and together consumption and investment decli...
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