When Congress Reduces Spending in Order to Balance the Government's

question 15

Multiple Choice

When Congress reduces spending in order to balance the government's budget, it needs to consider

• A) both the short-run effects on aggregate demand and aggregate supply, and the long-run effects on saving and growth.
• B) only the short-run effects on aggregate demand and aggregate supply.
• C) only the long-run effects on saving and growth.
• D) only the long-run effects on aggregate demand and aggregate supply.

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Definitions:

Sleep

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