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    Principles of Macroeconomics Study Set 11
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    Exam 12: The Determination of Aggregate Output, the Price Level, and the Interest Rate
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    Explain How the Crowding Out Effect Can Be Softened by the Federal
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Explain How the Crowding Out Effect Can Be Softened by the Federal

Question 80

Question 80

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Explain how the crowding out effect can be softened by the Federal Reserve accommodating an expansionary fiscal policy.

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Expansionary fiscal policy generally inc...

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