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In order to close an inflationary gap, government can consider implementing _________________. A. balanced budget policy B. expansionary fiscal policy by increasing both government spending
In order to close an inflationary gap, government can consider implementing_________________.
A. | balanced budget policy
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B. | expansionary fiscal policy by increasing both government spending and taxes
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C. | expansionary fiscal policy by increasing government spending and reducing taxes
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D. | contractionary fiscal policy by reducing government spending and raising taxes |
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