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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 + graph(s)
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Economics
Authors: Roger A. Arnold
11th edition
1133561675, 978-1133561675
