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If the government of Balancia runs a deficit of $50 million per year in Year 1 and in Year 2 due to its recession, but then has a $100 million surplus in Year 3 due to strong economic recovery, Balancia is likely following which type of rule?

User Sdduursma
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1 Answer

3 votes

Answer:

Cyclically balanced budget

Step-by-step explanation:

User Dustin Hodges
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