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Retnec Retnec
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6 years ago
Politicians are more willing to cut taxes or increase government spending than they are to increase taxes or reduce government spending. This is an example of the "expansionary bias" associated with discretionary fiscal policy.
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Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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hecosmetichecosmetic
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Retnec Author
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6 years ago
You have the correct answer! Smiling Face with Halo
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