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Place The Events In Sequence To Describe How Crowding-Out Happens.

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Because of a recession, consumers have less disposable income to spend on durable goods, like cars. The state government passes a stimulus package that sends aid to a struggling car manufacturing firm in the area. The car manufacturer uses government funding, instead of its own money, to invest in improving its machinery. Despite the increase in spending, aggregate demand has not increased as much as expected.
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