6. If fiscal policymakers are motivated by tax smoothing, then budget surpluses are appropriate when income is

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6. If fiscal policymakers are motivated by tax smoothing, then budget surpluses are appropriate when income is unusually or government expenditure is unusually .

a. high, high

b. high, low

c. low, high

d. low, low

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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Question Posted: Sep 30, 2024 08:01 AM

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6. If fiscal policymakers are motivated by tax smoothing, then budget surpluses are appropriate when income is

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Macroeconomics

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