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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
    The Full-Employment Budget Measures What the Federal Budget Deficit or Surplus
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The Full-Employment Budget Measures What the Federal Budget Deficit or Surplus

Question 232

Question 232

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The full-employment budget measures what the Federal budget deficit or surplus would be at full employment output with existing tax and spending decisions.

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