What are some long-term effects of deficit spending
Question # 00146848
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Updated on: 12/06/2015 02:22 AM Due on: 01/05/2016
(Crowding Out and Capital Formation) In earlier chapters, we’ve seen that the government can increase GDP in the short run by running a budget deficit. What are some long-term effects of deficit spending?
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Solution: What are some long-term effects of deficit spending