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    Macroeconomics Study Set 43
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    Exam 13: B: Fiscal Policy, Deficits, Surpluses, and Debt
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    The Table Below Shows the Full-Employment Budget Deficit as a Percentage
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The Table Below Shows the Full-Employment Budget Deficit as a Percentage

Question 176

Question 176

Multiple Choice

The table below shows the full-employment budget deficit as a percentage of GDP over a five-year period. The table below shows the full-employment budget deficit as a percentage of GDP over a five-year period.   Refer to the above information.In which year was fiscal policy expansionary? A) Year 2 B) Year 3 C) Year 4 D) Year 5 Refer to the above information.In which year was fiscal policy expansionary?


A) Year 2
B) Year 3
C) Year 4
D) Year 5

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