M8-1 evaluating the decision to extend credit [lo 8-1]

nutware productions inc. (npi) generated service revenue of $30,000 and income from operations of $10,000. the company estimates that, had it extended credit, it would have instead generated $50,000 of service revenue but also it would have incurred $25,000 of additional expenses for wages and bad debts.

a-1.
using these estimates, calculate the amount by which npi's income from operations would increase (decrease) by extending credit. (do not round intermediate calculations.)

income from ? decrease/increase

Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.