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A politician running for federal office is making part of his campaign about inflation. People cannot afford basic necessities, the politician claims. That's why, when
A politician running for federal office is making part of his campaign about inflation. "People cannot afford basic necessities," the politician claims. "That's why, when I am in office, I plan to cut taxes on the people and decrease government spending to help improve the situation!" What's wrong with what the politician is promising with respect to reducing inflation according to economic theory? Question 25 options: The politician should be increasing taxes and government spending to help curb inflation Cutting taxes and decreasing government spending will both help Cutting taxes and decreasing government spending will both hurt Cutting taxes should help, but decreasing government spending will hurt Decreasing government spending should help, but cutting taxes will hurt
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