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Question: Explain the circumstances under which a policy of fiscal expansion is accompanied by:

(A) A substantial rise in real GDP and little or no change in interest rates.

(B) A moderate rise in both real GDP and interest rates.

(C) A substantial rise in interest rates but no change in real GDP.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92546001
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