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Which one of the following is an area of continueddisagreement among modern macroeconomists with regardto the use of fiscal policy?Automatic stabilizers help reduce the fluctuations in aggregatedemand and output.It is difficult to time changes in discretionary fiscal policy in amanner that will promote stability.Fiscal policy is much less potent than the early Keynesian viewimplied.Budget deficits should be used to combat a severe recession.
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