Why is the cyclically adjusted budget balance a better measure of whether government policies are sustainable in

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Why is the cyclically adjusted budget balance a better measure of whether government policies are sustainable in the long run than the actual budget balance is?

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Macroeconomics

ISBN: 9781319245269

6th Edition

Authors: Paul Krugman, Robin Wells

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Question Posted: Feb 16, 2024 04:01 AM

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Why is the cyclically adjusted budget balance a better measure of whether government policies are sustainable in

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The cyclically adjusted budget balance CABB is considered a better measure of the longrun sustainability of government policies than the actual budget ...View the full answer

Macroeconomics

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