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The Sequence of Events in an Expansion Can Be Categorized \rightarrow

Question 21

Multiple Choice

The sequence of events in an expansion can be categorized as:


A) increased spending \rightarrow higher output \rightarrow higher employment \rightarrow higher income.
B) increased spending \rightarrow higher income \rightarrow higher employment \rightarrow higher output.
C) increased spending \rightarrow higher employment \rightarrow higher income \rightarrow higher output.
D) increased spending \rightarrow higher income \rightarrow higher output \rightarrow higher employment.

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