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Dalton's Principle of Maximum Social Advantage. Graph showing point of Maximum Social Advantage at point "P"
Dalton's Principle of Maximum Social Advantage. Graph showing point of Maximum Social Advantage at point "P"
The Market for Capital (the Loanable Funds Market) and the Crowding Out Effect. An increase in government deficit spending "crowds out" private invest
The Market for Capital (the Loanable Funds Market) and the Crowding Out Effect. An increase in government deficit spending "crowds out" private investment by increasing interest rates and lowering the quantity of capital available to the private sector [sic].
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Total (gross) government debt as a percent of GDP by IMF
Total (gross) government debt as a percent of GDP by IMF