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70.How might the crowding out effect be avoided? Select one: a.By the fiscal authorities lowering taxes as spending increases. b.By the fiscal authorities raising taxes
70.How might the crowding out effect be avoided?
Select one:
a.By the fiscal authorities lowering taxes as spending increases.
b.By the fiscal authorities raising taxes as spending increases.
c.By the central bank contracting the money supply at the same time that the fiscal authorities increase spending.
d.By the central bank expanding the money supply at the same time that the fiscal authorities increase spending.
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