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    Public Finance and Public Policy
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    Exam 4: Budget Analysis and Deficit Financing
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    When the Price Level Rises,the
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When the Price Level Rises,the

Question 21

Question 21

Multiple Choice

When the price level rises,the:


A) real deficit increases.
B) real deficit falls.
C) nation forgoes more consumption to pay the debt.
D) real burden of the deficit is not affected.

Correct Answer:

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