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    Economics Study Set 11
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    Exam 33: Fiscal Policy, Deficits, and Debt
  5. Question
    If the Cyclically Adjusted Budget Deficit Goes from 2 Percent
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If the Cyclically Adjusted Budget Deficit Goes from 2 Percent

Question 192

Question 192

True/False

If the cyclically adjusted budget deficit goes from 2 percent to 1 percent of GDP, then it indicates that fiscal policy has turned more contractionary.

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