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7 years ago
The mechanism of "international crowding-out" is that a government budget deficit ________ the domestic interest rate, which makes the dollar ________ expensive for foreigners, which then ________ net exports.
A) raises, less, lowers
B) raises, less, raises
C) raises, more, lowers
D) lowers, less, lowers
E) lowers, more, raises
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Macroeconomics

Macroeconomics


Edition: 12th
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thecromthecrom
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