The crowding-out effect is:
A. strongest when the economy is at full employment.
B. strongest when the economy is in a deep recession.
C. weakest when there is demand-pull inflation.
D. equally strong, regardless of the state of the macroeconomy.
A. strongest when the economy is at full employment.
Economics
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When the federal government orders firms to use particular methods to reduce pollution, it is said to be using
A) market-based policies. B) global initiatives. C) strong-arm tactics. D) command-and-control policies.
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A monopsony is a market situation in which there is only one seller
a. True b. False Indicate whether the statement is true or false
Economics