The crowding out of private spending by government spending will be greater the
A) less sensitive consumption, investment, and net exports are to changes in the price level.
B) less sensitive consumption, investment, and net exports are to changes in interest rates.
C) more sensitive consumption, investment, and net exports are to changes in interest rates.
D) more sensitive consumption, investment, and net exports are to changes in the price level.
C
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Does the strength of each of the five competitive forces from Michael Porter's model remain constant over time? Briefly explain
What will be an ideal response?
Which of the following is not a solution to the problem of negative externalities due to pollution?
a. Create private property rights. b. Levy pollution taxes. c. Create obligatory controls. d. Reward the production of these products through subsidies. e. Establish strict limits on the amount of pollution allowed.