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Suppose the current level of real GDP is below the full-employment level of real GDP. Which of the following represents a fiscal policy action that could be implemented to reduce the size of this recessionary gap?
Dependent Variable
The variable in an experiment or model that is expected to change in response to changes in the independent variable(s).
Scatterplot
A type of plot or mathematical diagram using Cartesian coordinates to display values for typically two variables for a set of data, showing the relationship between them.
Variables
Elements, characteristics, or conditions that can change or vary in a mathematical or statistical experiment.
Outliers
Data points that are significantly different from or inconsistent with the remainder of the dataset.
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