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2 votes
Expansionary fiscal policies are most appropriate when the economy is experiencing:

a.a recessionary gap.
b.an inflationary gap.
c.a short-run equilibrium.
d.a long-run equilibrium.

User Kyrylomyr
by
7.5k points

1 Answer

7 votes

A. A recessionary gap

User Dorbeetle
by
8.2k points
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