Question
Under which scenarios there is no government crowd out when the government increases spending? a. LM is horizontal b. LM is vertical c. IS is
Under which scenarios there is no government crowd out when the government increases spending?
a. LM is horizontal
b. LM is vertical
c. IS is horizontal
d. IS is vertical
correct answer are Answer: A & D. Why (explanation)?
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Democracy And Public Administration
Authors: Richard C Box
1st Edition
1317473213, 9781317473213
