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The central idea of fiscal policy is that? planned deficits are undertaken during an expansionary gap andplanned surpluses undertaken during a contractionary gap the balanced
The central idea of fiscal policy is that?
planned deficits are undertaken during an expansionary gap andplanned surpluses undertaken during a contractionary gap | ||
the balanced budget approach is the proper criterion forstabilizing the economy | ||
actual deficits should equal actual surpluses during acontractionary gap. | ||
deficits are planned during contractionary gap and surpluses areutilized to restrain an expansionary gap | ||
the key to fighting inflation is planning budget deficits |
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