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According to Keynes,the Policy of Incurring Budget Deficits Will Cause

Question 71

Multiple Choice

According to Keynes,the policy of incurring budget deficits will cause the equilibrium price level to __________ and equilibrium output to __________.


A) rise; rise
B) rise; fall
C) fall; rise
D) fall; fall
E) remain the same; remain the same

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