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What is a potential negative effect of an expansionary policy?
decreased borrowing
increased interest rates
increased inflation
decreased available credit
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GPT-5 mini
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Increased inflation.
Explanation: Expansionary policies (monetary or fiscal) boost aggregate demand; if the economy is near or at capacity, that higher demand can push up prices, causing inflation.
Explanation: Expansionary policies (monetary or fiscal) boost aggregate demand; if the economy is near or at capacity, that higher demand can push up prices, causing inflation.
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