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nurse15 nurse15
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A year ago
Which statement best captures the relationship between the value of the fiscal multiplier and crowding out?

▸ The value of the fiscal multiplier cannot tell us whether there was crowding out.

▸ A fiscal multiplier greater than 1 implies there must have been crowding out.

▸ A fiscal multiplier of less than 1 implies there must have been crowding out.

▸ A fiscal multiplier equal to 1 implies there must have been crowding out.
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Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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nguyenphuc1990nguyenphuc1990
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A year ago
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nurse15 Author
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A year ago
You make an excellent tutor!
hmonier
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Yesterday
Good timing, thanks!
jmelchor77
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2 hours ago
Helped a lot
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