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To enact Contractionary Fiscal Policy, the federal government must be running a budget ___________.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter30: Government Budgets And Fiscal Policy

Section: Chapter Questions

Problem 16SCQ: What would happen if contractionary fiscal policy were implemented during an economic boom but, due...

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