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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 27
Circle the letter that corresponds to the best answer. Budget surpluses are most appropriate during _______.
A) depressions
B) recessions
C) inflations
A) depressions
B) recessions
C) inflations
Explanation
Verified
Verified
Numerically, it is calculated as: T - G
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Macroeconomics 11th Edition by Stephen Slavin
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