What are some long-term effects of deficit spending, Macroeconomics

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What are some long-term effects of deficit spending

Problem

Crowding Out and Capital Formation In earlier chapters, we've seen that the government can increase GDP in the short run by running a budget deficit. What are some long-term effects of deficit spending?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What are some long-term effects of deficit spending

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