Business, 11.12.2019 22:31, 17795

Suppose that, during a recession, the government borrows money to provide free wireless internet access in urban areas. which of the following statements are correct? choose one or more: a. this policy will likely be accompanied by an impact lag as the policy takes time to make its way to the people. b. the provision of free internet service is an example of an automatic stabilizer. c. the free wireless internet access in urban areas will likely raise interest rates as the government borrows more money to finance the purchase. d. the government is engaging in contractionary fiscal policy. e. crowding-out will occur as individuals choose to rely on free internet service instead of purchasing their own.

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Suppose that, during a recession, the government borrows money to provide free wireless internet acc...