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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 67
Circle the letter that corresponds to the best answer. The crowding-out effect is _______.
A) much stronger during a recession than during prosperity
B) much stronger during prosperity than during a recession
C) equally strong during a recession and prosperity
A) much stronger during a recession than during prosperity
B) much stronger during prosperity than during a recession
C) equally strong during a recession and prosperity
Explanation
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Verified
This crowding out effect is stronger dur...
Macroeconomics 11th Edition by Stephen Slavin
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