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The balanced budget multiplier refers to the: A. Reduction in budget deficit through an increase in tax rates. B. Automatic tendency of the government budget

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The balanced budget multiplier refers to the: A. Reduction in budget deficit through an increase in tax rates. B. Automatic tendency of the government budget to balance. C. Effect on GDP of equal changes in taxes and government spending. O D. Reduction in budget deficit through a decrease in government spending. O E. Effects of a tax cut on the size of the budget deficit

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