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Assume the economy is in the midst of a severe recession. Which of the following policies would be consistent with discretionary fiscal policy? a reduction
Assume the economy is in the midst of a severe recession. Which of the following policies would be consistent with discretionary fiscal policy? a reduction in agricultural subsidies and veterans' benefits a Parliamentary proposal to incur a federal surplus to be used for the retirement of public debt a reduction in federal tax rates on personal and corporate income a postponement of a highway construction program
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