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Tidy Tidy
wrote...
Posts: 4852
8 years ago
If policy makers implement an expansionary fiscal policy but do not take into account the potential for crowding out, the new equilibrium level of GDP is likely to
A) be at potential GDP.
B) be above potential GDP.
C) be below potential GDP.
D) There is insufficient information given here to draw a conclusion.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 562 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
SydnieSydnie
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Top Poster
Posts: 3807
8 years ago
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Tidy Author
wrote...

8 years ago
Correct Slight Smile TY
wrote...

Yesterday
This helped my grade so much Perfect
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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