Question
A government surplus can decrease investment through the crowding-out effect because the surplus decreases the quantity supplied of loanable funds. Is this statement correct? Explain
A government surplus can decrease investment through the crowding-out effect because the surplus decreases the quantity supplied of loanable funds." Is this statement correct? Explain with words
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Macroeconomics Principles and Applications
Authors: Robert E. Hall, Marc Lieberman
6th edition
1111822352, 1111822354, 9781133708742 , 978-1111822354
