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When fiscal policymakers do intervene in the economy

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Reference no: EM131882217

When fiscal policymakers do intervene in the economy, there are often unintended consequences (e.g., multiplierand crowding out effects). Explain how these effects might play out-through specific GDP expenditure components-if the government were to increase expenditures for instance, by $50 billion. 

Reference no: EM131882217

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