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Title: When the economy is producing its potential output, an increase in government spending must ... Post by: nguyenduong67 on Aug 30, 2017 When the economy is producing its potential output, an increase in government spending must necessarily reduce some component of private spending. This phenomenon is called
A) the multiplier effect. B) fiscal policy. C) crowding out. D) entitlement spending. Title: Re: When the economy is producing its potential output, an increase in government spending must ... Post by: Quinn1981 on Aug 30, 2017 Content hidden
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