Explain why you would expect the actual government deficit to be larger than the natural employment deficit

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Explain why you would expect the actual government deficit to be larger than the natural employment deficit when the economy is weak.

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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Question Posted: Dec 09, 2015 03:10 AM

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Explain why you would expect the actual government deficit to be larger than the natural employment deficit

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Tax receipts tend to fall and transfers tend to ris...View the full answer

Macroeconomics

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