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Business, 27.07.2019 11:40 kbuhvu

Which statement accurately describes the effect of the federal government rapidly reducing government expenditures? a inflation will increase because more money will circulate in the economy. b national debt will increase because a deficit will develop in the federal budget. c economic activity will increase because businesses will have more money to spend. d unemployment rates will increase because federal spending makes up a large part of the economy.

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