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achalmers achalmers
wrote...
Posts: 459
4 years ago
If increases in government spending on infrastructure projects "crowd out" private investment spending, this will lead to

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

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

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

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

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
Read 109 times
1 Reply
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Answer verified by a subject expert
Kailz1218Kailz1218
wrote...
Posts: 416
4 years ago
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achalmers Author
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4 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
Thanks for your help!!
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