It is reasonable to allow a budget deficit during a temporary downturn in economic activity.
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Q12: A budget deficit can be justifiable:
A)during a
Q13: The charter of the RBA gives the
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Q16: Many studies indicate that changes in monetary
Q18: Discretion in the conduct of monetary policy
Q19: Economies can be left to find their
Q20: A disinflationary recession can potentially leave permanent
Q21: If the economy goes into a recession,
Q22: What are the problems of discretionary monetary
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