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If you are in charge of Econland and you want to create the best situation for the economy to grow in the long term what situation would you like to see occur? (You must choose the best option. Think about the importance of the PPF)

A. The government can lower taxes and get people to spend money

B. The government can raise taxes so they can collect more revenue

C. The Central Bank decides to lower interest rates to encourage spending

D. There is a technological advance that allows costs of produciton to fall

E. Many immigrants decide to leave Econland.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M972017

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