Using the aggregate demand-aggregate supply diagram, graphically illustrate and explain the impact of an escalating budget deficit
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Using the aggregate demand-aggregate supply diagram, graphically illustrate and explain the impact of an escalating budget deficit on the price level and real income in the long-run.
Related Book For
Macroeconomics
ISBN: 978-1464168505
5th Canadian Edition
Authors: N. Gregory Mankiw, William M. Scarth
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