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Smoothing the peaks and troughs of the business cycle with fiscal policy is Multiple Choice relatively simple, because the government has access to the best
Smoothing the peaks and troughs of the business cycle with fiscal policy is Multiple Choice relatively simple, because the government has access to the best information available. relatively simple, because the political process usually works smoothly and without significant lags. difficult, because economists have not developed any theoretical models of the macroeconomy. difficult, because the government lacks important information about the economy
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