During the introduction stage of the product life cycle, pro…

During the introduction stage of the product life cycle, promotional expenditures are made to stimulate consumer desire for an entire product class rather than for a specific brand. The consumer demand that is stimulated is referred to as __________ demand. 

Based on the podscast, “Fiscal Policy” from The Economic Low…

Based on the podscast, “Fiscal Policy” from The Economic Lowdown Podcast Series, answer the following questions: a. Describe the “crowding out” perspective on fiscal policy. b. Why might government spending create a larger multiplier effect when unemployment is high and have a smailler multiplier effect when the economy is at full employment?