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Fiscal policy will be completely crowded out if a. the AS-curve is totally price elastic. b. if a change in output does not affect the

Fiscal policy will be completely crowded out if a. the AS-curve is totally price elastic. b. if a change in output does not affect the price level. c. if wages are completely rigid. d. if wages are completely flexible. e. if real money balances are not affected by an increase in input.

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