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(05.04 LC) If tax revenues exceed the total of government spending and transfer payments, which of the following must be true? (2 points) The money
(05.04 LC) If tax revenues exceed the total of government spending and transfer payments, which of the following must be true? (2 points) The money multiplier will increase. The government budget is in surplus. The velocity of money will increase. The economy has an inflationary gap. The national debt will increase
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Economics
Authors: John Sloman, Alison Wride
7th edition
978-027372130, 273721305, 978-0273721307
