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Explain two sets of circumstances where a balanced-budget fiscal policy would be pro- cyclical.
Explain two sets of circumstances where a balanced-budget fiscal policy would be pro- cyclical.
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1 Economic Expansion During periods of economic growth or expansion government revenues ten...
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Managing in a Global Economy Demystifying International Macroeconomics
Authors: John E. Marthinsen
2nd edition
128505542X, 978-1305176157, 1305176154, 978-1285055428
