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    Macroeconomics Study Set 43
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    Exam 13: A: Fiscal Policy, Deficits, Surpluses, and Debt
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    What Does the "Full-Employment Budget" Measure and of What Significance
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What Does the "Full-Employment Budget" Measure and of What Significance

Question 26

Question 26

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What does the "full-employment budget" measure and of what significance is this concept? (Note: full-employment budget and cyclically adjusted budget are synonyms.)

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The full-employment budget refers to the...

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