Government deficits and surpluses are expressed throughout this chapter as percents of natural GDP. Explain why it

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Government deficits and surpluses are expressed throughout this chapter as percents of natural GDP. Explain why it is necessary to express government deficits and surpluses in this manner in order to compare them over time.
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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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