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Which of the following statements is correct? A. Built-in stability only partially offsets fluctuations in economic activity B. Built-in stability can be relied on to
Which of the following statements is correct?
A. Built-in stability only partially offsets fluctuations in economic activity
B. Built-in stability can be relied on to eliminate completely any fluctuation in economic activity.
C. Built-in stability has eliminated the need for discretionary fiscal policy
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