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During economic growth with rising living standards, Question 12 Select one: A. potential GDP remains constant. B. government spending decreases as tax revenues decline. C.
During economic growth with rising living standards, Question 12 Select one: A. potential GDP remains constant. B. government spending decreases as tax revenues decline. C. inflation decreases due to reduced demand. D. consumer spending decreases due to higher savings rates. E. investment in education and training increases
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Microeconomics
Authors: Dean Karlan, Jonathan Morduch
1st edition
978-0077332587, 007733258X, 978-0077332648, 77332644, 978-1259163531
