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Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 14
Use the following CBO report to work the Problems.
Fiscal 2012 Deficit: Smaller, But Still Big
The budget deficit was about $1.1 trillion in fiscal year 2012, CBO estimates. That is about $200 billion smaller than in 2011, but still ranks as the fourth-largest deficit since World War II.
How does the federal government get funds to cover its budget deficitHow does financing the budget deficit affect the Fed's monetary policy?
Fiscal 2012 Deficit: Smaller, But Still Big
The budget deficit was about $1.1 trillion in fiscal year 2012, CBO estimates. That is about $200 billion smaller than in 2011, but still ranks as the fourth-largest deficit since World War II.
How does the federal government get funds to cover its budget deficitHow does financing the budget deficit affect the Fed's monetary policy?
Explanation
Verified
Verified
Source to finance deficit budget:
To fi...
Macroeconomics 11th Edition by Michael Parkin
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