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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 25
Circle the letter that corresponds to the best answer. If the federal government attempts to eliminate a budget deficit during a depression, this will ______.
A) alleviate the depression
B) contribute to inflation
C) make the depression worse
D) have no economic effect
A) alleviate the depression
B) contribute to inflation
C) make the depression worse
D) have no economic effect
Explanation
Verified
Verified
Eliminating budget deficit implies a red...
Macroeconomics 11th Edition by Stephen Slavin
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