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When Congress Reduces Spending in Order to Balance the Government's

Question 15

Multiple Choice

When Congress reduces spending in order to balance the government's budget, it needs to consider


A) both the short-run effects on aggregate demand and aggregate supply, and the long-run effects on saving and growth.
B) only the short-run effects on aggregate demand and aggregate supply.
C) only the long-run effects on saving and growth.
D) only the long-run effects on aggregate demand and aggregate supply.

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