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    Principles of Macroeconomics Study Set 11
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    Exam 15: Financial Crises, Stabilization, and Deficits
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    Why Would a Balanced Budget Amendment to the Constitution Be
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Why Would a Balanced Budget Amendment to the Constitution Be

Question 94

Question 94

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Why would a balanced budget amendment to the Constitution be considered destabilizing during an inflationary boom in which the government is running a budget surplus?

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A balanced budget amendment would requir...

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