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  3. Study Set
    Macroeconomics Study Set 43
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    Exam 13: B: Fiscal Policy, Deficits, Surpluses, and Debt
  5. Question
    Built-In Stability Refers to the Fact That Net Tax Revenues
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Built-In Stability Refers to the Fact That Net Tax Revenues

Question 71

Question 71

True/False

Built-in stability refers to the fact that net tax revenues vary inversely with the level of GDP.

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