A. The rate of inflation would decline.
B. The rate of inflation would rise.
C. The government spending multiplier would double.
D. Interest rates would fall.
ANSWER:
A. The rate of inflation would decline.
A. The rate of inflation would decline.
B. The rate of inflation would rise.
C. The government spending multiplier would double.
D. Interest rates would fall.
ANSWER:
A. The rate of inflation would decline.