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neonofarm [45]
3 years ago
15

"Too much money chasing too few goods" is a common way use to describe what economic concept?

History
1 answer:
victus00 [196]3 years ago
3 0
Too much money chasing too few goods is a common way use Early Keynesian theorists developed the balanced budget multiplier, which suggests that an equal increase in government spending and tax revenue will boost aggregate demand<span> by precisely the increase in the amount spent.</span>
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To be honest, I dont know. I'm actually not an American. :)
But If i had to pick one major event...it would be making George Washington the president.

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