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Countercyclical fiscal policy is best described by which of the following statements? Multiple Choice Government deficits are planned during economic booms, and surpluses are planned

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Countercyclical fiscal policy is best described by which of the following statements? Multiple Choice Government deficits are planned during economic booms, and surpluses are planned during economic recessions The annual budget should always be balanced Government surpluses are planned during economic booms, and deficits are planned during economic recessions Deficits should always equal surpluses

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