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The negative effects of a recession would be reduced by which fiscal policy decision? A. incurring a budget deficit which is use
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The negative effects of a recession would be reduced by which fiscal policy decision?
A. incurring a budget deficit which is used to retire debt held by the public
B. incurring a budget surplus and allowing that surplus to accumulate as idle Treasury balances
C. incurring a budget surplus, which is used to retire debt held by commercial banks
D. incurring a budget deficit by borrowing from the public and increasing expenditures
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2021-07-30T08:17:13+00:00
2021-07-30T08:17:13+00:00 1 Answers
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Answer:
The negative effects of a recession would be reduced by which fiscal policy decision?
A. incurring a budget deficit which is used to retire debt held by the public
B. incurring a budget surplus and allowing that surplus to accumulate as idle Treasury balances
C. incurring a budget surplus, which is used to retire debt held by commercial banks
D. incurring a budget deficit by borrowing from the public and increasing expenditures
Step-by-step explanation:
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