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following argument regarding economic stabilization policy by T (true) or F (false). (1)If government expenditure does not cause interest rise, crowd out effect is significant.
following argument regarding economic stabilization policy by T (true) or F (false). (1)If government expenditure does not cause interest rise, crowd out effect is significant. (2)The less elastic the investment on interest rate is, the more crowd out effect is. (3)The more marginal propensity to consume becomes, the less GDP increase by government expenditure shows. (4)The higher import increase with national income increase shows, the higher national increase by government expenditure
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