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Unanswered questions T.G ($) 400 300 200 100 0 $100 200 300 400 500 600 700 800 GDP Refer to the above diagram wherein T
Unanswered questions T.G ($) 400 300 200 100 0 $100 200 300 400 500 600 700 800 GDP Refer to the above diagram wherein T is tax revenues and G is government expenditures. All figures are in billions. This diagram portrays the notion of: a balanced-budget. B regressive tax system. C built-in stability. D discretionary fiscal policy
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