Due to the Covid recession of 2020, the U.S. government budget changed from smaller deficits to very

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Due to the Covid recession of 2020, the U.S. government budget changed from smaller deficits to very large deficits. What impact would this have on the net exports and private sector balances, all else equal?

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Macroeconomics

ISBN: 9780137470822

14th Edition

Authors: Michael Parkin

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Question Posted: Apr 07, 2024 04:00 AM

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Due to the Covid recession of 2020, the U.S. government budget changed from smaller deficits to very

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The three balances are related Net exports equal the sum ...View the full answer

Macroeconomics

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