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Suppose that during a recession the government borrows money to provide free wireless Internet access...

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Suppose that during a recession the government borrows money to provide free wireless Internet access in urban areas Which of the following statements are correct Choose one or more A Crowding out will occur as individuals choose to rely on free Internet service instead of purchasing their own B This policy will likely be accompanied by an impact lag as the policy takes time to make its way to the people C The free wireless Internet access in urban areas will likely raise interest rates as the government borrows more money to finance the purchase D The provision of free Internet service is an example of an automatic stabilizer E The government is engaging in contractionary fiscal policy 4

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