Economics · Macroeconomics
As there is no crowding-out effect, fiscal policy is fully effective in the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All three ranges of the LM curve
- 2Classical range of the LM curve
- 3Intermediate range of the LM curve
- 4Keynesian range of the LM curve✓
Correct answer
Keynesian range of the LM curve
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