Prior to the Great Recession, the U.S. fiscal situation was relatively typical of recent decades: spending and

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Prior to the Great Recession, the U.S. fiscal situation was relatively typical of recent decades: spending and taxes were low relative to most other rich countries, there was a modest budget deficit, and the debt-GDP ratio was not especially high.

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Macroeconomics

ISBN: 978-0393923902

3rd edition

Authors: Charles I. Jones

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Question Posted: Feb 25, 2016 06:37 AM

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Prior to the Great Recession, the U.S. fiscal situation was relatively typical of recent decades: spending and

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The Economic Report of the President is one readily available s...View the full answer

Macroeconomics

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