Other things equal, when the government runs a large budget deficit, it _________ national saving and thereby

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Other things equal, when the government runs a large budget deficit, it _________ national saving and thereby _________ capital formation and productivity growth.

a. increases; increases

b. increases; decreases

c. decreases; increases

d. decreases; decreases

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Brief Principles Of Macroeconomics

ISBN: 9780357133507

9th Edition

Authors: N. Gregory Mankiw

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Question Posted: Feb 28, 2024 04:01 AM

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Other things equal, when the government runs a large budget deficit, it _________ national saving and thereby

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Brief Principles Of Macroeconomics

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