1. To which key set of expenditures do you suppose that other things being equal definitely applies...

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1. To which key set of expenditures do you suppose that "other things being equal" definitely applies in the government's projections displayed in panel (b) of Figure 14-6?
2. If the federal government were to try to borrow more in future years to expand its capability to boost discretionary spending what would likely happen to its net interest costs?
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Economics Today The Macro View

ISBN: 9780134478760

19th Edition

Authors: Roger LeRoy Miller

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