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The Table Below Shows the Cyclically-Adjusted Budget Deficit as a Percentage

Question 105

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


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

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