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Home Q & A Board Other Fields Homework Help Business Economics
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nguyenduong67 nguyenduong67
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6 years ago
When the economy is producing its potential output, an increase in government spending must necessarily reduce some component of private spending. This phenomenon is called
A) the multiplier effect.
B) fiscal policy.
C) crowding out.
D) entitlement spending.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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nguyenduong67 Author
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6 years ago
this is exactly what I needed
shimyshiguy
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This calls for a celebration Person Raising Both Hands in Celebration
hmonier
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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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