Multiple Choice
Can deficits can have a positive effect on the economy?
A) No, never.
B) Yes, in the short-run if the economy is at less than full employment.
C) Yes, in the long-run if the economy is at less than full employment.
D) Yes, in the short-run if the economy is at more than full employment.
Correct Answer:
Verified
Correct Answer:
Verified
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