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Choose the term that best matches each of the following descriptions: a ) select answer ~ The ratio of outstanding government debt to GDP .

Choose the term that best matches each of the following descriptions:

a) select answer

~ The ratio of outstanding government debt to GDP.

b) [select answer

c) [select answer

~ Revenues are greater than expenditures.

~ Changes in net tax rates and government expenditure intended to offset persistent autonomous expenditure shocks and stabilize aggregate expenditure and output.

d) (select answer

e) select answer

Revenues are equal to expenditures.

~ Planned government spending and revenue.

f) select answer

g) select answer

~ The government budget balance at potential output.

The relationship between the budget balance and the level of national income for a specific budget program.

h) select answer

The outstanding stock of government bonds issued to finance government budget deficits.

i) select answer

Government use of taxes and spending to affect equilibrium GDP.

j) select answer

~ Government spending on currently produced goods and services.

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