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Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383

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BuyFindarrow_forward

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383
Textbook Problem

Some economists argue that if the economy currently needs to be stimulated to remove it from a recessionary gap, how government spends more money (on X or Y) matters less than the fact that it does spend more money. Do all economists agree? If not, what do they say in response?

To determine

Explain whether all economists agree to the statement, if not why.

Explanation

The economists agree to this statement, but it does not mean that all economists agree for the same. Some economists argued that government can buy something’s that are more beneficial for the economy than other things...

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