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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.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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nguyenphuc1990nguyenphuc1990
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nurse15 Author
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A year ago
Just got PERFECT on my quiz
brina10
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This helped my grade so much Perfect
logbi
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Brilliant ツ
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