Multiple Choice
If interest rates adjust to equate savings and investment, then an expansionary fiscal policy is:
A) more likely to increase interest rates and less likely to crowd out investment.
B) more likely to increase interest rates and more likely to crowd out investment.
C) less likely to increase interest rates and less likely to crowd out investment.
D) less likely to increase interest rates and more likely to crowd out investment.
Correct Answer:
Verified
Correct Answer:
Verified
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