![Explain why government budget deficits crowd out private investment spending in a closed economy, but crowd out net exports in a small open economy. Assume prices are flexible and that factors of Explain why government budget deficits crowd out private investment spending in a closed economy, but crowd out net exports in a small open economy. Assume prices are flexible and that factors of](https://homework.study.com/cimages/multimages/16/image_18314522180236306539.jpg)
Explain why government budget deficits crowd out private investment spending in a closed economy, but crowd out net exports in a small open economy. Assume prices are flexible and that factors of
Treasurer Jim Chalmers expected to reveal a $40 billion improvement to the federal budget bottom line - ABC News
![The section of Line 6 between Puerta del Ángel and Oporto will be closed on Saturday due to improvement works | Metro de Madrid The section of Line 6 between Puerta del Ángel and Oporto will be closed on Saturday due to improvement works | Metro de Madrid](http://www.metromadrid.es/sites/default/files/styles/photogrid_1500x1000/public/notas-prensa/historico/imagenes/2015-06-29-30-Orgullo2015.jpg?itok=ez967oh7)
The section of Line 6 between Puerta del Ángel and Oporto will be closed on Saturday due to improvement works | Metro de Madrid
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