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    Macroeconomics Study Set 17
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    Exam 16: Fiscal Policy
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    Crowding Out Refers to a Decline in ________ as a Result
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Crowding Out Refers to a Decline in ________ as a Result

Question 292

Question 292

Multiple Choice

Crowding out refers to a decline in ________ as a result of an increase in ________.


A) tax revenues; unemployment
B) government purchases; tax rates
C) government purchases; private expenditures
D) private expenditures; government purchases

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