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If we already have a budget deficit, then an expansionary fiscal policy will tend to reduce the deficit. True or False?

  1. If we already have a budget deficit, then an expansionary fiscal policy will tend to reduce the deficit. True or False? Explain.

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  • Reference: https://www.cliffsnotes.com/study-guides/.../fiscal-and-monetary-policy/fiscal-policy
    • hayl149
    • Aug 11, 2018 at 6:36pm

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An expansionary fiscal policy is the type of fiscal policy that is... View the full answer

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