Trace the implications of a government budget surplus on the following: a. National saving b. Interest rates
Question:
a. National saving
b. Interest rates
c. Private investment
d. Economic growth
e. Future living standards
When tracing the effects of the budget surplus, list the assumptions you are making.
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Related Book For
Public Finance A Contemporary Application of Theory to Policy
ISBN: 978-1285173955
11th edition
Authors: David N Hyman
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