Would the circular flow of economic activity contract if the government spends more than it receives in

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Would the circular flow of economic activity contract if the government spends more than it receives in taxes?

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Basic Economics

ISBN: 978-1111826642

16th edition

Authors: Frank V. Mastrianna

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Question Posted: Mar 08, 2018 09:55 AM

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Would the circular flow of economic activity contract if the government spends more than it receives in

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No In fact it would increase Notice that a deficit budget tends to in...View the full answer

Basic Economics

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