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    Exam 33: Fiscal Policy, Deficits, and Debt
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    The Cyclically Adjusted Budget Deficit in an Economy Is Zero
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The Cyclically Adjusted Budget Deficit in an Economy Is Zero

Question 216

Question 216

Multiple Choice

The cyclically adjusted budget deficit in an economy is zero.If this economy goes into recession, then the actual government budget will be


A) balanced.
B) in deficit.
C) in surplus.
D) expanding.

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