Define crowding out and explain why it matters when evaluating the economic effects of government spending. A

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Define crowding out and explain why it matters when evaluating the economic effects of government spending. A related argument is the size of the expenditure and tax multipliers.

Why does it matter when deciding how to use fiscal policy in the aftermath of a crisis?

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Macroeconomics Policy And Practice

ISBN: 9781292019598

2nd Global Edition

Authors: Frederic S Mishkin

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