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    Foundations of Macroeconomics Study Set 1
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    Exam 16: Fiscal Policy
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    Explain What Fiscal Policy Actions Could Eliminate an Inflationary Gap
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Explain What Fiscal Policy Actions Could Eliminate an Inflationary Gap

Question 20

Question 20

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Explain what fiscal policy actions could eliminate an inflationary gap.

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An inflationary gap exists when real GDP...

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