Question: Explain the effect on real GDP and jobs of the governments commitment to cut its budget deficit over the next four years. Jim Flaherty tabled

Explain the effect on real GDP and jobs of the government’s commitment to cut its budget deficit over the next four years.

Jim Flaherty tabled a 2011 budget with a deficit for this year gradually falling to a surplus in 2015. Mr. Flaherty said the budget aims to find that balance between helping Canadian families and businesses and securing economic growth.

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