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As opposed to a tax cut, an increase in government expenditures_______.
A. Is likely to impact spending faster and, according to traditional theory, has a larger multiplier
B. Is likely to impact spending faster but, according to traditional theory, has a smaller multiplier
C. Is likely to impact spending with a longer lag but, according to traditional theory, has a larger multiplier
D. Is likely to impact spending with a longer lag and, according to traditional theory, has a smaller multiplier


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