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When a recessionary gap exists, activist would recommend a) Contractionary fiscal policy leading to a budget deficits b) Contractionary fiscal policy leading to a budget
When a recessionary gap exists, activist would recommend
a) Contractionary fiscal policy leading to a budget deficits
b) Contractionary fiscal policy leading to a budget surplus
c) Expansionary fiscal policy leading to budget surplus
d) Expansionary fiscal policy leading to budget deficit
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