If the Federal Reserve lowers interest rates, what will happen to the government budget deficit? (What will

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If the Federal Reserve lowers interest rates, what will happen to the government budget deficit? (What will happen to tax receipts and interest expenses?) If the government wants to offset the effects of the Fed’s actions on aggregate demand, what might it do? How will this action affect the deficit?

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Macroeconomics Principles And Policy

ISBN: 9780324586213

11th Edition

Authors: William J. Baumol, Alan S. Blinder

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