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nguyenduong67 nguyenduong67
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7 years ago
Suppose the economy is operating below potential output. If policy makers try to avoid a budget deficit by raising taxes or reducing government spending, these actions would
A) negate the multiplier effect.
B) increase inflation.
C) make a recession worse.
D) help pull an economy out of a depression.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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7 years ago
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nguyenduong67 Author
wrote...

7 years ago
Good timing, thanks!
wrote...

Yesterday
Thanks
wrote...

2 hours ago
Smart ... Thanks!
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