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34 If households change saving habits from spending $0.80 of every $1 of income to spending $0.75 of every dollar of income, then O the
34 If households change saving habits from spending $0.80 of every $1 of income to spending $0.75 of every dollar of income, then O the multiplier effect of fiscal policy decreases. O the multiplier effect of fiscal policy increases. O crowding out effect of fiscal policy increases. O crowding out effect of fiscal policy decreases
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
