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The severity of the crowding-out effect will be increased if, a. the CBthe money supply at the same time the government increases government spending b.

The severity of the crowding-out effect will be increased if,

a. the CBthe money supply at the same time the government increases government spending

b. the CB decreases the money supply at the same time government increases government spending

c. the CB does not change the money supply when the government increases government spending

d. business firms become pessimistic about the future

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