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15.6 Practical problems with discretionary fiscal policy

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  • Card 11 / 14:
    crowding out

    federal spending and borrowing causes interest rates to rise and business investment to fall

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Practice FlashCards 6 Key Terms 4

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Source:  OpenStax, University of houston downtown: macroeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11653/1.3
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