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2. Which of the following is NOT a problem that might be associated with deficit spending during a recession? political considerations that are incompatible with
2. Which of the following is NOT a problem that might be associated with deficit spending during a recession? political considerations that are incompatible with meeting macroeconomic goals moving the AD curve to the right, thus increasing real GDP and eventually lowering the unemployment rate. *crowding out' effect procyclical actions of state and local government that may offset federal fiscal policy
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