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Retnec Retnec
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7 years ago
When an economic expansion has resulted in substantial inflationary pressures, the proper Keynesian fiscal policy would be to
A) reduce taxes.
B) increase the size of the government's budget deficit.
C) increase spending by the federal government.
D) reduce the size of the government's budget deficit.
E) reduce taxes but increase government spending.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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