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A disadvantage of functional finance is that it: a. requires that the budget is balanced even during times of war. b. increases the level of
A disadvantage of functional finance is that it: a. requires that the budget is balanced even during times of war. b. increases the level of unemployment during recessions. c. allows chronic deficits that magnify into national debt, allowing it to reach an alarming level. d. magnifies fluctuations in the business cycle. e. does not focus on producing the potential level of output in an economy
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