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One adverse impact of increase in government spending in the long-run is that government spending results in a.stagflation b.increase in interest rate and crowding out
One adverse impact of increase in government spending in the long-run is that government spending results in
a.stagflation
b.increase in interest rate and crowding out of private sector.
c.higher inflation that hurts borrowers.
d.creating a class of unskilled dependent labor.
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