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Suppose the U.S. government decides to increase the budget deficit. Which of the following will most likely increase? I. interest rates II. government borrowing III.
Suppose the U.S. government decides to increase the budget deficit. Which of the following will most likely increase?
I. interest rates
II. government borrowing
III. unemployment
IV. GDP
V. Household consumption
Select one:
A. Only I, II, III and V are correct.
B. Only II, III and IV are correct.
C. Only I, II and IV are correct.
D. All are correct.
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