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Critics of the Government's Fiscal Policies Argued That Government Deficits

Question 40

Multiple Choice

Critics of the government's fiscal policies argued that government deficits


A) prevented capital from flowing into the United States.
B) were linked to the excess of imports over exports that occurred in the 1980s.
C) caused the level of unemployment in the United States to increase during the 1980s.
D) had directly contributed to a decline in the level of demand in the American economy.

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