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Economists are in general agreement that fiscal policy will stabilize the economy most when: a. budget surpluses are continually incurred b. budget deficits are incurred

Economists are in general agreement that fiscal policy will stabilize the economy most when:

a. budget surpluses are continually incurred

b. budget deficits are incurred during recessions and budget surpluses are incurred during booms

c. the budget is balanced each year

d. budget deficits are continually incurred

e. deficits are incurred during booms and O surpluses are incurred during recessions

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