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Given the following information :The government of a country initially has an annual fiscal budget deficit of $200 billion.The government wants to use a change
Given the following information:The government of a country initially has an annual fiscal budget deficit of $200 billion.The government wants to use a change in government spending to get the fiscal budget to a zero balance (eliminate the deficit) within the next year or two.
Give the above statement, indicate whether the following statement istrue, false, or uncertain, andexplain why. Statement to evaluate:To achieve its fiscal budget balance goal, the government can use a reduction of $200 billion in annual government spending.
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