An economy is operating at its full potential, with low unemployment and stable inflation. The government then decides to significantly increase its spending on new public projects without raising taxes. Which of the following is the most likely negative outcome of this action under these specific economic conditions?
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An economy is operating at its full potential, with low unemployment and stable inflation. The government then decides to significantly increase its spending on new public projects without raising taxes. Which of the following is the most likely negative outcome of this action under these specific economic conditions?
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