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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
Thanks
fgarza2146
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Yesterday
Thank you, thank you, thank you!
SlimyPencil
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2 hours ago
this is exactly what I needed
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