What would happen to the budget deficit if the: a) GDP growth rate jumped from 1 percent to 3 percent? b) inflation increased by 2 percentage points?
What would happen to the budget deficit if the: a) GDP growth rate jumped from 1 percent to 3 percent? b) inflation increased by 2 percentage points?
Chapter13: Federal Deficits, Surpluses, And The National Debt
Section: Chapter Questions
Problem 16SQ
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What would happen to the budget deficit if the:
a)
b) inflation increased by 2 percentage points?
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