6. If deficit spending crowds out some private investment, could future generations be worse off? If external
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6. If deficit spending “crowds out” some private investment, could future generations be worse off? If external financing eliminates crowding out, are future generations thereby protected? LO12-3
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Related Book For 
The Macro Economy Today
ISBN: 9781264370580
15th Edition
Authors: Bradley R. Schiller; Karen Gebhardt
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