tag:blogger.com,1999:blog-7539577136486286096.post8921746304317292620..comments2024-03-28T02:46:41.090-05:00Comments on Supply and Demand (in that order): Crowding Out: Becker and Murphy Agree with MeCasey B. Mulliganhttp://www.blogger.com/profile/03317454408275318282noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7539577136486286096.post-4979644939569782502009-02-10T19:58:00.000-06:002009-02-10T19:58:00.000-06:00Hi Casey,Do you think that the short run governmen...Hi Casey,<BR/><BR/>Do you think that the short run government spending multiplier here could be negative (<0) such that GDP in the short run would decrease as a result of the stimulus package. Or do you think it is more likely to be between 0 and 1 as Becker and Murphy suggest (GDP increases on net but at the expense of private sector activity).<BR/><BR/>Michael S.Anonymoushttps://www.blogger.com/profile/16814084664773212364noreply@blogger.com