The impact of crowding out may be the least
A) when real GDP is above but close to potential GDP.
B) during a deep recession.
C) when real GDP is below but close to potential GDP.
D) during an expansion.
B
Economics
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The Internet was first developed in the
a. business sector. b. government sector. c. corporate sector. d. college dorm room of Bill Gates.
Economics
In the United States, business cycles have occurred against a backdrop of a long-run trend of
A. declining unemployment. B. rising real GDP. C. rising inflation. D. stagnant productivity growth.
Economics