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Retnec Retnec
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7 years ago
If rapid economic growth resulted in substantial inflation, which of the following policies would be appropriate, according to the Keynesian or activist model?
A) an increase in government spending
B) a reduction in the tax rates on corporate income
C) an increase in personal income tax rates
D) a program of more aggressive antitrust enforcement against firms with substantial market power
E) policies designed to increase the size of the economy's multiplier
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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foliogefolioge
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Retnec Author
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