Author Question: This refers to an increase in government spending that produces a reduction in private spending ... (Read 139 times)

soccerdreamer_17 · **on:** Jun 30, 2018

This refers to an increase in government spending that produces a reduction in private spending

A) crowding out.
B) investment disappointment.
C) social loss.
D) deadweight loss.

Question 2

Two countries engaged in trade in products with scale economies, produced under conditions of monopolistic competition, are likely to be engaged in

A) intra-industry trade.
B) price competition.
C) inter-industry trade.
D) Heckscher-Ohlinean trade.
E) immiserizing trade.