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Business, 28.12.2019 00:31 ekirk2021

Suppose the government purposely changes the economy's cyclically adjusted budget from a deficit of 0 percent of real gdp to a deficit of 3 percent of real gdp. the government is engagingin a(n)

a. expansionary fiscal policy.
b. contractionary fiscal policy.
c. neutral fiscal policy.
d. low-interest-rate policy.

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