absence of complete crowding out

Principles of Economics, 7th Edition (MindTap Course List)
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ISBN:9781285165875
Author:N. Gregory Mankiw
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Chapter36: Six Debates Over Macroeconomic Policy
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1. Assume the Pakistan’s economy is in recession: Pakistan implements a combination of expansionary fiscal and monetary policy. In the absence of complete crowding out what will be the effect of these policies on each of the following: 
i. Aggregate demand in Pakistan
ii. The price level in Pakistan
iii. Interest rates in Pakistan

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