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Business, 20.08.2019 00:20 shaylawaldo11

The crowding-out effect suggests that: 
a. increases in consumption are always at the expense of saving
b. increases in government spending will close a recessionary expenditure gap
c. increases in government spending may raise the interest rate and thereby reduce investment
d. high taxes reduce both consumption and saving

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The crowding-out effect suggests that: 
a. increases in consumption are always at the expense of sa...

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