Which of the following statements are correct?

Suppose that during a recession the government borrows money to provide free wireless Internet acces Show more 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? C hoose one or more: A. The government is engaging in contractionary fiscal policy. B. Crowding-out will occur as individuals choose to rely on public wireless access instead of purchasing their own Internet service. C. The purchase is an example of an automatic stabilizer. D. This policy will likely be accompanied by an impact lag as the system is planned and access points are installed. E. The purchase will likely raise interest rates as the government borrows more money to finance the purchase. Show less

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