Post a New Question


posted by .

If, when there is full employment, the federal government increases its spending without increasing its tax revenues, generally:

1. an increase in employment will occur
2. a serious depression will occur
3. the national debts will occur
4. inflation will occur

Is choice 3 correct???

  • Economics -

    I think both 3 and 4 are correct. That said, as written, 3 is the obvious choice.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

More Related Questions

Post a New Question