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crimsonalligator541Lv1

28 Nov 2020

The economy starts out with a balanced Federal budget. If the government then implements expansionary fiscal policy, then there will be a:

A. Budget surplus.

B. Trade deficit.

C. Trade surplus.

D. Budget deficit.

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Mahe AlamLv10

19 Jan 2021

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The economy starts out with a balanced Federal budget. If the government then implements expansionary fiscal policy, then there will be a:

A. Budget surplus.

B. Trade deficit.

C. Trade surplus.

D. Budget deficit.

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The economy starts out with a balanced Federal budget. If the government then implements expansionary fiscal policy, then there will be a: A. Budget surplus. B. Trade deficit. C. Trade surplus. D. Budget deficit.

Unlock all answers

Related textbook solutions

Principles of Economics

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The economy starts out with a balanced Federal budget. If the government then implements expansionary fiscal policy, then there will be a:

A. Budget surplus.

B. Trade deficit.

C. Trade surplus.

D. Budget deficit.