In earlier chapters, weve seen that the government can try to increase GDP in the short run

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In earlier chapters, we’ve seen that the government can try to increase GDP in the short run by running a budget deficit. What are some long-term effects of deficit spending?

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Economics A Contemporary Introduction

ISBN: 9781305505469

11th Edition

Authors: William A. McEachern

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Question Posted: Oct 08, 2023 02:43 AM

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In earlier chapters, weve seen that the government can try to increase GDP in the short run

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The longterm effects of deficit spending depend on how the government spends the borrowed dollar...View the full answer

Economics A Contemporary Introduction

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