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With the economy is booming, the government starts to worry about the increasing rate of inflation and decides to cut its spending on highway maintenance
With the economy is booming, the government starts to worry about the increasing rate of inflation and decides to cut its spending on highway maintenance and defer it to sometime in the future. This is an example of: Multiple Choice a positive automatic stabilizer. discretionary fiscal policy. expansionary fiscal policy. a negative automatic stabilizer
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Price theory and applications
Authors: Steven E landsburg
8th edition
538746459, 1133008321, 780538746458, 9781133008323, 978-0538746458
