Multiple Choice
If private sector investment does not respond much to interest rate changes, then
A) there will be more crowding out when expansionary policies are undertaken.
B) there will be less crowding out when expansionary policies are undertaken.
C) fiscal policy will be less effective than monetary policy.
D) monetary policy will be more effective than fiscal policy.
Correct Answer:
Verified
Correct Answer:
Verified
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Q153: Use the following to answer questions .<br>Exhibit:
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Q157: Use the following to answer questions .<br>Exhibit:
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