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According to Classical economists, a deficit that is financed with monetized debt, will a.produce inflation b.produce crowding out c.cause the economy to expand without any
According to Classical economists, a deficit that is financed with "monetized" debt, will
a.produce inflation
b.produce crowding out
c.cause the economy to expand without any inflation or crowding out
d.produce both crowding out and inflation, but they will counteract each other
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