When There Is Excess Aggregate Demand,the Appropriate Fiscal Policy Would

question 21

Multiple Choice

When there is excess aggregate demand,the appropriate fiscal policy would be for the government to

• A)Make budget surpluses smaller.
• B)Make budget surpluses larger.
• C)Make budget deficits larger.
• D)Increase the public debt.

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Public Sector

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A set of ideological beliefs central to communism, advocating for a classless society in which the means of production are owned and controlled communally.

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A former federal socialist state in northern Eurasia that existed from 1922 to 1991, officially known as the Union of Soviet Socialist Republics (USSR).

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