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Starting from Long-Run Equilibrium,the Long-Run Impact(s)of a War That Increases

Question 70

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Starting from long-run equilibrium,the long-run impact(s) of a war that increases government purchases,compared to the original equilibrium,would be


A) higher inflation.
B) higher output.
C) higher inflation and higher output.
D) lower inflation and lower output.
E) no change in inflation or output.

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