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If the economy is producing less than its potential GDP and the budget balance is in deficit, then the _____________________ will show a larger...
If the economy is producing less than its potential GDP and the budget balance is in deficit, then the _____________________ will show a larger deficit than the ___________________.
- discretionary fiscal policy; trade balance
- expansionary fiscal policy; standardized employment budget
- the automatic stabilizers, government budget balance
- actual budget deficit; standardized employment budget