What would happen to the budget deficit if the (a) GDP growth rate jumped from 2 percent

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What would happen to the budget deficit if the

(a) GDP growth rate jumped from 2 percent to 4 percent?

(b) Inflation rate increased by two percentage points?

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The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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Question Posted: May 04, 2018 01:00 AM

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What would happen to the budget deficit if the (a) GDP growth rate jumped from 2 percent

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a Deficit decreases by 100 billion b Deficit increas...View the full answer

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