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During economic growth with rising living standards, Question 28Select one: A. government spending decreases as tax revenues decline. B. investment in education and training increases.

During economic growth with rising living standards, Question 28Select one: A. government spending decreases as tax revenues decline. B. investment in education and training increases. C. consumer spending decreases due to higher savings rates. D. potential GDP remains constant. E. inflation decreases due to reduced demand

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