The long-run effect of increasing government budget deficits
A)is a redistribution of real GDP from privately provided goods to government provided goods.
B)is no impact on equilibrium real GDP.
C)is to increase of price level.
D)all of the above.

Question

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The Answer of The long-run effect of increasing government budget deficits
A)is a redistribution of real GDP from privately provided goods to government provided goods.
B)is no impact on equilibrium real GDP.
C)is to increase of price level.
D)all of the above.

The Long-Run Effect of Increasing Government Budget Deficits