If the Indian government reduces its deficit and achieves its target, how will the demand for or
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If the Indian government reduces its deficit and achieves its target, how will the demand for or supply of loanable funds in India change?
The government of India set a budget deficit target of 3 percent of GDP for 2017–2018, down from 3.5 percent in 2016–2017. Economists predict the 3 percent target will be missed. India’s public debt is the highest in Asia.
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If the Indian government successfully reduces its deficit it implies that it is either increasing re...View the full answer
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