Expansionary fiscal policies are most appropriate when the economy is experiencing: a.a recessionary gap. b.an inflationary gap. c.a short-run equilibrium. d.a long-run equilibrium.

Expansionary fiscal policies are most appropriate when the economy is experiencing:

a.a recessionary gap.
b.an inflationary gap.
c.a short-run equilibrium.
d.a long-run equilibrium.

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Expansionary fiscal policies are most appropriate when the economy is experiencing: a.a recessionary gap. b.an inflationary gap. c.a short-run equilibrium. d.a long-run equilibr…

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