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Art Buchwald's Article, "Squaring the Economic Circle," Is a Humorous

Question 194

Multiple Choice

Art Buchwald's article, "Squaring the Economic Circle," is a humorous description of what would happen to total income if


A) prices of products started falling significantly.
B) people bought consumer goods instead of investment goods.
C) consumers bought imported goods instead of domestic products.
D) people and firms stopped buying from one another.

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