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Since World War II,with the Exception of the Late 1990s,the

Question 25

Multiple Choice

Since World War II,with the exception of the late 1990s,the governments of most developed countries have


A) run budget surpluses
B) repaid their national debts
C) run budget deficits in times of recession
D) kept their budgets balanced
E) been net lenders in times of recession

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