According to the new classical view,a $20 billion increase in government expenditures financed by a budget deficit will

Name: According to the new classical view,a $20 billion increase in government expenditures financed by a budget deficit will
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According to the new classical view, a budget deficit to finance government expenditure increase will not stimulate output as individuals will save an equivalent amount to offset the increase in government spending, leaving output unchanged.

According to the New Classical View,a $20 Billion Increase in Government