Countercyclical fiscal policy advocates running a balanced budget over the course of the business cycle.

Name: Countercyclical fiscal policy advocates running a balanced budget over the course of the business cycle.
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Question

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Countercyclical fiscal policy aims to stabilize the economy by running a budget surplus during economic expansions and a budget deficit during economic contractions. This helps to smooth out economic fluctuations and promote economic growth.

Countercyclical Fiscal Policy Advocates Running a Balanced Budget Over the Course