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A negative demand shock increases consumer and investment spending and tends to increase the budget deficit.

Ilovebacon22

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A negative demand shock increases consumer and investment spending and tends to increase the budget deficit.

Question 1.

The nation's total federal debt represents the total of all accumulated deficits minus surpluses over time.

▸ true

▸ false

Question 2.

A negative demand shock increases consumer and investment spending and tends to increase the budget deficit.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

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DWFG2796

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More solutions for this book are available here

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You make an excellent tutor!

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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