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Author Question: The opportunity cost of something is the gain you receive as a result of your sacrifice. Indicate ... (Read 87 times)

sammy

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on: Jun 30, 2018
The opportunity cost of something is the gain you receive as a result of your sacrifice.
 
  Indicate whether the statement is true or false

Question 2

In practice, increases in government spending in an open economy can crowd out
 
  A) net exports. B) consumption. C) investment. D) all of the above
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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joanwhite

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Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE

Answer to Question 2

D


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