Economics (5th Edition)

Chapter 33

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Federal disaster relief which quickly disburses ... more

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The statement that says when government expands ... more

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A $500 million increase in government purchases of... more

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A $ 500 million reduction in government purchases ... more

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A country with generous  unemployment insurance ... more

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The cyclically adjusted budget balance is an ... more

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States required by their constitution to balance ... more

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When the economy is in a slump and the current ... more

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Austerity measures at the wrong time make it more ... more

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Political reaction was hostile compared to past ... more

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There was less lag in the discretionary policy in ... more

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The depth of a recession was a good time to ... more

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Expansionary and contractionary fiscal policies ... more

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The budget surplus can arise either because of a ... more

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The government used contractionary fiscal policies... more

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One main  disadvantage of the balanced-budget rule... more

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The argument that the variance between the ... more

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