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Since 2009, When Actual Budget Deficits Were Nearly 10 Percent

Question 216

Multiple Choice

Since 2009, when actual budget deficits were nearly 10 percent of GDP,


A) fiscal policy has become contractionary.
B) the deficits as a percentage of GDP have fallen, but fiscal policy has remained expansionary.
C) deficits as a percentage of GDP have continued to rise.
D) deficits as a percentage of GDP have remained constant but risen in dollar amounts.

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