Multiple Choice
Crowding out refers to
A) an increase of investment caused by an increase in government spending.
B) a decrease in investment caused by an increase in government spending.
C) a decrease in investment caused by a decrease in government spending.
D) an increase of investment caused by a decrease in government spending.
Correct Answer:
Verified
Correct Answer:
Verified
Q42: In the long run, increases in the
Q43: Figure 15.5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2855/.jpg" alt="Figure 15.5
Q44: A decrease in the money supply causes<br>A)
Q45: If GDP is _ potential output, adjustment
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Q48: In the short run, the level of
Q49: Suppose that GDP is _ potential output.
Q50: If the unemployment rate is below the
Q51: In the long run, an increase in
Q52: If potential output is _ than the