4. During a recession the budget balance tends to because of a. increase : discretionary fiscal policy

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4. During a recession the budget balance tends to because of

a. increase : discretionary fiscal policy

b. decrease : discretionary fiscal policy

c. increase : automatic stabilizers

d. decrease : automatic stabilizers

e. remain unchanged : discretionary fiscal policy

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Macroeconomics In Modules

ISBN: 978-1464139055

3rd Edition

Authors: Paul Krugman ,Robin Wells

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