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1. Question : The time between the legislation
of fiscal policy and its effect on output and employment is called
2. Question : The federal income tax is
3. Question : The largest single item in the
federal budget is
4. Question : The Investment Tax Credit
5. Question : The measured deficit would be
larger if
6. Question : Opponents of discretionary
fiscal policy believe that it
7. Question : Keynes blamed economic downturns
primarily on
8. Question : Keynes argued that planned
saving was
9. Question : A structural deficit
10. Question : When aggregate planned
expenditure falls short of potential output, the economy experiences
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