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1. What action could The Central Bank (CB) take to reduce the crowding - out effect of an expansionary fiscal policy? a) The CB could
1. What action could The Central Bank (CB) take to reduce the crowding - out effect of an expansionary fiscal policy? a) The CB could increase the money supply at the same time the government increases its spending b) No action choice of The CB can reduce crowding - out effect c) The Central Bank should increase the required reserve ratio d) The CB should sale securities
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