Would an increase in government spending lead to a higher rate of inflation in the long run?
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Would an increase in government spending lead to a higher rate of inflation in the long run?
Show that the answer depends on where the economy was, relative to potential GDP, before the increase.
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Related Book For 
Principles Of Macroeconomics
ISBN: 9781453334980
9th Edition
Authors: John B. Taylor, Akila Weerapana
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