Based on the book answer the following question1 what is, Ask an Expert

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Based on the book Answer the following question

1. What is the "crowding out" effect of budget deficits? What determines whether crowding out leads to a minor or major reduction in the impact of expansionary fiscal policies on Aggregate Demand? How is it related to the massive fiscal deficit forecast under Obama Administration?

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Business Economics, Economics

Category:- Business Economics
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