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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
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Quinn1981Quinn1981
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nguyenduong67 Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
choih94
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Yesterday
Smart ... Thanks!
bioc
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2 hours ago
You make an excellent tutor!
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