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Tidy Tidy
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9 years ago
Crowding out will be greater
A) the less sensitive consumption spending is to changes in the interest rate.
B) the further equilibrium GDP is below potential GDP.
C) the more sensitive investment spending is to changes in the interest rate.
D) if the economy is in recession, rather than at full employment.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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9 years ago
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Tidy Author
wrote...

9 years ago
Thanks for your help!!
dedricgard
wrote...

Yesterday
Good timing, thanks!
Shuqin
wrote...

2 hours ago
Helped a lot
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