Using graphs, explain how indirect crowding out can occur when the government increases spending in an attempt to stimulate the economy.
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Q164: Suppose policy makers pass a budget that
Q165: The crowding-out effect refers to the tendency
Q166: To offset the indirect crowding-out effects, a
Q167: What are direct expenditure offsets and how
Q168: Which of the following are time lags
Q170: The period between the recognition of a
Q171: The proposition that an increase in the
Q172: The crowding out effect refers to
A) a
Q173: The effect time lag of fiscal policy
Q174: Explain the Ricardian equivalence theorem.
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