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What is the impact of government spending on the economy in macroeconomic terms?a)It has no significant impact.b)It decreases the overall economic output.c)It can stimulate economic growth and influence aggregate demand.d)It solely focuses on reducing international trade.Correct answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about What is the impact of government spending on the economy in macroeconomic terms?a)It has no significant impact.b)It decreases the overall economic output.c)It can stimulate economic growth and influence aggregate demand.d)It solely focuses on reducing international trade.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the impact of government spending on the economy in macroeconomic terms?a)It has no significant impact.b)It decreases the overall economic output.c)It can stimulate economic growth and influence aggregate demand.d)It solely focuses on reducing international trade.Correct answer is option 'C'. Can you explain this answer?.

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