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victor.m.rojas2 victor.m.rojas2
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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:
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kirakira15kirakira15
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4 years ago
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