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Question Some economists believe that deficit spending can impose a burden on future generations. Which of the following does NOT explain the burden? 1.Future generations

Question Some economists believe that deficit spending can impose a burden on future generations. Which of the following does NOT explain the burden? 1.Future generations will have to be taxed at a higher rate. 2. Future generations will have a smaller capital stock that will reduce their wealth. 3. Deficit spending that is allocated to purchases leads to long-term increases in real GDP. 4. Investment will be crowded out by an increase in current consumption.

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