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Some Economists Argue That the Increases in Aggregate Demand for Output

Question 23

Multiple Choice

Some economists argue that the increases in aggregate demand for output spurred by wartime spending,complemented by the strong spending in the private sector,impacted the U.S.?economy by


A) increasing production and employment.
B) increasing employment and income.
C) increasing income, thus fueling additional spending.
D) contributing to all of the above.

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