Suppose the U.S.government announces that it will bring the federal budget deficit to zero,over the next ten years,with no change in tax rates.Describe the effects of such a policy according to the three business cycle models,assuming that the policy is fully credible.

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The Answer of Suppose the U.S.government announces that it will bring the federal budget deficit to zero,over the next ten years,with no change in tax rates.Describe the effects of such a policy according to the three business cycle models,assuming that the policy is fully credible.