5. What evidence is there to support the monetarist view that budget deficits crowd out private spending?
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5. What evidence is there to support the monetarist view that budget deficits crowd out private spending? Do you think that fiscal policy is important? Why or why not?
Cite empirical evidence in support of your position.
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Related Book For
Economics Private And Public Choice
ISBN: 9780123110404
2nd Edition
Authors: James D Gwartney; Richard Stroup; A H Studenmund
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