Business, 30.07.2020 01:01 alanisalvarez2000

During a recessionary gap: a. holding everything else constant, the budget deficit would increase.
b. unemployment would most likely be falling.
c. an increase in taxes or a decrease in government purchases would shift the AD curve to the right.
d. contractionary fiscal policy would help correct this problem.

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During a recessionary gap: a. holding everything else constant, the budget deficit would increase....

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