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If for Any Given Inflation Rate,the Federal Government Lowered Taxes,________

Question 41

Multiple Choice

If for any given inflation rate,the federal government lowered taxes,________.


A) it would have a similar qualitative result on output as an increase in government purchases
B) it would raise disposable income leading to higher consumption spending
C) the aggregate demand curve would shift to the right
D) all of the above
E) none of the above

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