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The economy of Franklandia is producing beyond potential GDP. In this situation, we expect that sound fiscal policies should create Group of answer choices a

The economy of Franklandia is producing beyond potential GDP. In this situation, we expect that sound fiscal policies should create

Group of answer choices

a balanced budget as tax revenues should exceed government spending.

a budget deficit as tax revenues should fall short of government spending.

a budget surplus as tax revenues should fall short of government spending.

a budget deficit as tax revenues should exceed government spending.

a budget surplus as tax revenues should exceed government spending.

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