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    Macroeconomics Study Set 68
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    Exam 13: Fiscal Policy, Deficits, and Debt
  5. Question
    The Actual Budget May Be in Deficit While the Cyclically
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The Actual Budget May Be in Deficit While the Cyclically

Question 205

Question 205

True/False

The actual budget may be in deficit while the cyclically adjusted budget is in surplus.

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