Why do increases in government spending generate increases in GDP? Are there any tradeoffs involved with increased
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Why do increases in government spending generate increases in GDP? Are there any tradeoffs involved with increased government spending as a means of increasing economic output?
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Increases in government spending can generate increases in Gross Domestic Product GDP due to their impact on aggregate demand and economic activity However there are tradeoffs and considerations assoc...View the full answer
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Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
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