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Describe and provide examples of the balanced-budget philosophy, the countercyclical philosophy, and the cyclically balanced budget philosophy. Which of the three views of fiscal

Describe and provide examples of the "balanced-budget philosophy", " the countercyclical philosophy", and the "cyclically balanced budget philosophy". Which of the three views of fiscal policy are you an advocate of and why? Provide real-world examples to illustrate your choice. Include references.

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