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Author Question: Expansionary fiscal policy falls short of its goal. Some economists claim it is due to indirect ... (Read 88 times)

Tirant22

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Expansionary fiscal policy falls short of its goal. Some economists claim it is due to indirect crowding out. What evidence would be consistent with this claim?
 
  A) The interest rate increased. B) The price level decreased.
  C) Saving decreased. D) An increase in consumer spending occurred.

Question 2

The average price of ten commodities is 330. If an eleventh commodity whose price is 600 is included in the calculation, the new average is:
 
  A) 330.35. B) 450.25. C) 354.54. D) 254.54.



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lin77x

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Answer to Question 1

A

Answer to Question 2

C




lin77x

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