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    Macroeconomics Study Set 27
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    Exam 13: Fiscal Policy Appendix Taxes and the Multiplier
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    Most Economists Do Not Support a Law That Requires the Federal
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Most Economists Do Not Support a Law That Requires the Federal

Question 47

Question 47

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Most economists do not support a law that requires the federal budget to be balanced every year. Explain why.

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Because of automatic stabilizers, the bu...

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