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Question 7 (5 points) A fiscal policy action to close an expansionary gap is to: Question 7 options: A) decrease taxes. B) increase transfer payments.

Question 7 (5 points)

A fiscal policy action to close an expansionary gap is to:

Question 7 options:

	A) decrease taxes.
	B) increase transfer payments.
	C) decrease government purchases.
	D) increase the marginal propensity to consume.

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