Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The decrease in private spending that occurs when the government increases spending is called A.a drop in the bucket. B.a real shock. C.crowding out. D.a

The decrease in private spending that occurs when the government increases spending is called

A.a drop in the bucket.

B.a real shock.

C.crowding out.

D.a matter of timing.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Jan Williams, Mark Bettner, Joseph Carcello

18th Edition

1260247945, 9781260247947

More Books

Students also viewed these Economics questions