How might the expansionary monetary policy affect
How might the expansionary monetary policy affect the extent of crowding out in the short run if Congress and the president pursue an expansionary fiscal policy at the same time as the Federal Reserve pursues an expansionary monetary policy.
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Assume that the residents of the Koliner spend all of their income on apple, banana, and oranges. In 2008, they buy 50 of apple for $75, 100 bunches of banana for $200, and 500 oranges for $50. In 2009, they buy 80 of apple for $120, 75 bunches of
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