In 2006, Canada was the only country among the G7 to operate with a budget surplus.
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Q93: In an open economy with constant prices,
Q94: Effectiveness of fiscal policy is dampened due
Q95: Longer the time-lags in fiscal policy, lesser
Q96: If households expect that the expenditure programs
Q97: Increased government spending would have positive effects
Q99: Equilibrium in an open economy means that
Q100: In an open model, higher the savings
Q101: Absolute government expenditure multiplier is greater than
Q102: Starting from a position of NX as
Q103: An increase in government spending has smaller
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