Question
The introduction of rainy-day funds by states would: a)increase the countercyclical nature of current state budgeting procedures. b)increase the procyclical nature of current state budgeting
The introduction of "rainy-day funds" by states would:
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a)increase the countercyclical nature of current state budgeting procedures.
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b)increase the procyclical nature of current state budgeting procedures.
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c)decrease the procyclical nature of current state budgeting procedures.
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d)decrease the countercyclical nature of current state budgeting procedures.
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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
