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victor.m.rojas2 victor.m.rojas2
wrote...
Posts: 513
4 years ago
If increases in defense spending by the government "crowd out" private investment spending, this will lead to

▸ no effects on real income and wages in the future.

▸ lower levels of real income and wages in the future.

▸ higher levels of real income and lower levels of wages in the future.

▸ higher levels of real income and wages in the future.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
Read 86 times
1 Reply
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kirakira15kirakira15
wrote...
Posts: 373
4 years ago
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