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1. Aspects of fiscal policy Suppose the economy had been producing at potential output but is now experiencing a recession. Which of the following are
1. Aspects of fiscal policy
Suppose the economy had been producing at potential output but is now experiencing a recession. Which of the following are discretionary fiscal policies that could bring the economy closer to potential output?Check all that apply.
A tax hike
A reduction in government purchases
Additional spending on national park facilities
A tax cut
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