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Macroeconomics 13th Edition by William Baumol ,Alan Blinder
النسخة 13الرقم المعياري الدولي: 978-1305280601Macroeconomics 13th Edition by William Baumol ,Alan Blinder
النسخة 13الرقم المعياري الدولي: 978-1305280601 تمرين 13
You are given the following information about an economy:
a. Find equilibrium GDP and the budget deficit.
b. Suppose the government, unhappy with the budget deficit, decides to cut government spending by precisely the amount of the deficit you just found. What actually happens to GDP and the budget deficit, and why
a. Find equilibrium GDP and the budget deficit.
b. Suppose the government, unhappy with the budget deficit, decides to cut government spending by precisely the amount of the deficit you just found. What actually happens to GDP and the budget deficit, and why
التوضيح
موثّق
موثّق
Substitute the respective values in Equa...
Macroeconomics 13th Edition by William Baumol ,Alan Blinder
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