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Find the probable near-term and long-term consequences of

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The Wealth of Nations of Modern Economies When the federal government uses expenditures to stimulate the economy, it changes not only the present but the future as well. Question: Using the AD/AS model and the Production Possibilities Curve, what are the probable near-term and long-term consequences of federal expenditures on medical care for all Americans if the government engages in deficit-financing?

Reference no: EM13456561

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