The occurrence of financial crowding out implies that: (3%) Short-run fiscal expansion increases the size of the public

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The occurrence of financial crowding out implies that: (3%)
Short-run fiscal expansion increases the size of the public sector
Long-run growth is adversely affected by public spending Domestic
banks benefit at the expense of foreign banks The long-run Phillips
curve is vertical Which of the following statements are true? Only
Statement (1) is correct Statements (1) and (3) are correct
Statements (1) and (2) are correct Statements (2) and (4) are
correct