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Author Question: If the economy is in a recession, the structural deficit should equal the cyclical deficit. (Read 33 times)

Sufayan.ah

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Question 1

Personal income tax rates being tied to the overall price level leads to fiscal drag.


◦ true
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Question 2

If the economy is in a recession, the structural deficit should equal the cyclical deficit.


◦ true
◦ false


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Marked as best answer by Sufayan.ah on Apr 19, 2019

diesoon

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