Crowding out will be greater
A) if the economy is in recession, rather than at full employment.
B) the further equilibrium GDP is below potential GDP.
C) the less sensitive consumption spending is to changes in the interest rate.
D) the more sensitive investment spending is to changes in the interest rate.
D
Economics
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Antitrust laws in other countries are weak in comparison to U.S. antitrust laws
a. True b. False Indicate whether the statement is true or false
Economics
Refer to the information provided in Figure 24.1 below to answer the question(s) that follow.
Figure 24.1Refer to Figure 24.1. At equilibrium, the part of consumption that is dependent on income equals $________ billion.
A. $2,000 B. $1,500 C. $1,000 D. cannot be determined from the given information
Economics