Countercyclical fiscal policy is

a. fiscal policy designed to intensify the business cycle in the same way that we fight fire with fire
b. fiscal policy designed to moderate the severity of the business cycle
c. fiscal policy designed to make the economy grow faster than the rate of growth represented by the long term trend
d. fiscal policy that does not depend on government intervention in the economy
e. fiscal policy that moves in one direction only: increases in government spending that are designed to make the economy grow faster

B

Economics

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Fill in the blank(s) with the appropriate word(s).

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