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If interest rates have no effect on investment, how much crowding out will occur? Full crowding out because interest rates can still change. Partial crowding
If interest rates have no effect on investment, how much crowding out will occur?
- Full crowding out because interest rates can still change.
- Partial crowding out because interest rates are still changing.
- No crowding out because changes in interest rates are the cause of crowding out.
- Beyond full crowding out (net negative effect on income).
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Managerial Economics Theory Applications and Cases
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
8th edition
978-0393124491, 393124495, 978-0039391277, 393912779, 978-0393912777
