The increase in investment in public capital that may result from debt financing may partly or wholly
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The increase in investment in public capital that may result from debt financing may partly or wholly offset the crowding-
out effect of the public debt on private investment. Also, the added public investment may stimulate private investment, where the two are complements.
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Related Book For
Economics Principles Problems And Policies
ISBN: 9780073511443
19th Edition
Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn
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