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As part of the response to the pandemic, the US government approved a $1 Trillion increase in government spending 1.Finally, what would happen if there
As part of the response to the pandemic, the US government approved a $1 Trillion increase in government spending
1.Finally, what would happen if there is a crowding-out effect? Draw and explain. Indicate which part of the shift is due to the crowding-out effect. You can draw on the graph of part b or draw a new graph to show.
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