Consider the often debated crowding-out and crowding-in concepts. Also consider expansionary fiscal policy with respect to increased government (deficit) spending. Describe how the two concepts are different. 2. Which concept do you think makes more sense during a recessionary period?
Consider the often debated crowding-out and crowding-in concepts. Also consider expansionary fiscal policy with respect to increased government (deficit) spending. Describe how the two concepts are different. 2. Which concept do you think makes more sense during a recessionary period?
Chapter24: Fiscal Policy
Section: Chapter Questions
Problem 1P
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Consider the often debated crowding-out and crowding-in concepts. Also consider expansionary fiscal policy with respect to increased government (deficit) spending.
- Describe how the two concepts are different.
2. Which concept do you think makes more sense during a recessionary period?
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