The crowding-out effect works through interest rates and it tends to:
A. Increase the effectiveness of a tax increase
B. Decrease the effectiveness of a tax increase
C. Decrease the effectiveness of an increase in government spending
D. Increase the effectiveness of an increase in government spending
C. Decrease the effectiveness of an increase in government spending
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If the price of a pizza is $10 per pizza, the consumer surplus from the first pizza consumed ________ the consumer surplus from the second pizza consumed
A) is greater than B) equals C) is less than D) cannot be compared to E) None of the above answers is correct because more information is needed about the marginal cost of producing the pizzas to answer the question.
What are the reasons for the development and growth of the Eurodollar market?
What will be an ideal response?