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    Essential Foundations of Economics Study Set 1
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    Exam 20: Fiscal Policy and Monetary Policy
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    An Economic Expansion Leads to ________ Needs-Tested Spending and ________
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An Economic Expansion Leads to ________ Needs-Tested Spending and ________

Question 103

Question 103

Multiple Choice

An economic expansion leads to ________ needs-tested spending and ________ induced taxes.


A) higher;lower
B) lower;higher
C) higher;higher
D) lower;lower
E) lower;no change in

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