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    Macroeconomics A Contemporary Introduction Study Set 1
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    Exam 12: Federal Budgets and Public Policy
  5. Question
    If a Budget Is Cyclically Balanced,the Government Should Run a Surplus
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If a Budget Is Cyclically Balanced,the Government Should Run a Surplus

Question 77

Question 77

True/False

If a budget is cyclically balanced,the government should run a surplus when the economy experiences a contractionary gap.

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