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Crowding out occurs when the government is using contractionary fiscal policy. the government is using expansionary fiscal policy. Congress increases personal income taxes. Congress increases
Crowding out occurs when
| the government is using contractionary fiscal policy. | |
| the government is using expansionary fiscal policy. | |
| Congress increases personal income taxes. | |
| Congress increases business taxes. | |
| Congress increases spending and personal income taxes by the same amount. |
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
5th edition
73375829, 978-0073375823
