Explain how government expenditures crowd out
An analysis of the relationship between government expenditure and other macroeconomic variables.
Elucidate why and explain how government expenditures can crowd out and crowd in private expenditures.
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Houghton College is thinking to start a new graduate degree program in Mathematics. The initial startup cost for computing equipment, course development, facilities & staff recruitment is 350,000 dollar.
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The Majestic Blind Co. sells its finished product for an average of dollar 35 per unit with a variable cost per unit of dollar 21. The firm has fixed operating costs of $1,050,000.
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