In a closed economy, what does the difference between the tax revenue and government purchases, (T-G),...
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In a closed economy, what does the difference between the tax revenue and government purchases, (T-G), represent? In a closed economy, what does the difference between the tax revenue and government purchases, (T-G), represent?
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In a closed economy the governments budget surplus or deficit is shown as the difference between tax ... View the full answer
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