Which of the following is not a form of crowding out?
a. Lower household spending due to higher interest rates
b. Lower business spending due to higher interest rates
c. Lower net exports due to higher interest rates
d. Lower private spending due to higher taxes
e. Greater output and employment in the short run
d
Economics
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Given free mobility of people, wage differentials will contribute to long-term wage disparities among regions
Indicate whether the statement is true or false
Economics
In the short run, firms can enter an industry but not exit an industry.
Answer the following statement true (T) or false (F)
Economics