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In the Medium Run,an Increase in Government Spending That Causes

Question 27

Multiple Choice

In the medium run,an increase in government spending that causes an increase in the budget deficit


A) affects the level of output but not its composition.
B) affects both the level and composition of output.
C) will not affect the composition of output but will affect the price level.
D) is neutral.
E) none of the above

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