Question
According to crowding-out effect, when government expenditures increase, the interest rate A. decreases, making the change in aggregate demand larger B. decreases, making the change
According to crowding-out effect, when government expenditures increase, the interest rate
A. decreases, making the change in aggregate demand larger
B. decreases, making the change in aggregate demand smaller
C. increases, making the change in aggregate demand larger
D. increases, making the change in aggregate demand smaller
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The Lever Of Riches Technological Creativity And Economic Progress
Authors: Joel Mokyr
1st Edition
0195074777, 9780195074772
