MCQOPTIONS
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| 1. |
When an increase in government purchases raises incomes shifts money demand to the right raises the interest rate, and lowers investment we have seen a demonstration of ? |
| A. | supply-side economics |
| B. | None of these answers |
| C. | The crowding-out effect |
| D. | The multiplier effects |
| Answer» D. The multiplier effects | |