In a classical economy, if consumption increases as the interest rate decreases, then a
$10
billion rise in government spending would: a. still crowd out exactly
$10
billion of investment. b. croid out between zero and
$110
billion of thattent. c. not crowd out any investrient. d. erout out more than sid billfon of investment.

Question

In a classical economy, if consumption increases as the interest rate decreases, then a

$10

billion rise in government spending would: a. still crowd out exactly

$10

billion of investment. b. croid out between zero and

$110

billion of thattent. c. not crowd out any investrient. d. erout out more than sid billfon of investment.

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