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    Macroeconomics Study Set 48
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    Exam 13: Fiscal Policy
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    A Recessionary Gap Can Be Closed With
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A Recessionary Gap Can Be Closed With

Question 55

Question 55

Multiple Choice

A recessionary gap can be closed with:


A) contractionary monetary policy.
B) an increase in taxes.
C) a decrease in government purchases.
D) expansionary fiscal policy.

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