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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 33
Supply-side economists argue that less government spending
A) will contract the productive side of the economy.
B) will result in more crowding out.
C) causes higher rates of unemployment and inflation.
D) would cause interest rates to increase dramatically.
E) would make more investment capital available at lower rates of interest to the private sector.
A) will contract the productive side of the economy.
B) will result in more crowding out.
C) causes higher rates of unemployment and inflation.
D) would cause interest rates to increase dramatically.
E) would make more investment capital available at lower rates of interest to the private sector.
Explanation
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The crowding-out effect is when there is...
Economics for Today 9th Edition by Irvin Tucker
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