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Two days ago, you had a comersabion with Douglas during which he stated that Josephine would most likely agree with which of the following staterients:

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Two days ago, you had a comersabion with Douglas during which he stated that Josephine would most likely agree with which of the following staterients: ta in Washingtin 00 Increasing the money supply will increase real output without causing higher inflation. Real output and aggregate emyployment are pritnarily determined by tax rates. Real output and aggre gatc cmployment are primarily determined by aggregate demand. Real output, real income and aggregate employment are all delemined by aggregate govemment fiscal expenditures and net erports Real income will rise whed government expenditures and tax rates increase

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