One alternative to balancing the budget annually or cyclically is to produce a government budget that would
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One alternative to balancing the budget annually or cyclically is to produce a government budget that would help the economy produce its potential output. Given the cyclical nature of government tax revenues and spending, how would the resulting budget deficit or surplus vary over the business cycle?
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Related Book For
Economics A Contemporary Introduction
ISBN: 9781305505469
11th Edition
Authors: William A. McEachern
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