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Question
When the budget deficit is financed entirely through money creation, the real budget deficit is equal to which of the following?
A) ΔH
B) ΔH - ΔP
C) (ΔH)/P
D) (ΔH)/H
E) P[(ΔH)/H]
Answer
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Related questions
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B) will cause investment to increase.
C) may cause investment to increase or to decrease.
D) will have no effect on output.
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Q:
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Q:
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