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sgy_89 sgy_89
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6 years ago
According to the Keynesian (activist) model, the federal government
A) should balance its budget annually.
B) should incur deficits during periods of inflation and surpluses during periods of unemployment.
C) should always incur budget deficits.
D) should incur surpluses during periods of inflation and deficits during periods of unemployment.
E) should always incur budget surpluses.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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6 years ago
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sgy_89 Author
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This calls for a celebration Person Raising Both Hands in Celebration
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Good timing, thanks!
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2 hours ago
Brilliant
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