MindTap Economics, 1 term (6 months) Printed Access Card for Gwartney/Stroup/Sobel/Macpherson's Macroeconomics: Private and Public Choice, 16th (MindTap Course List)
16th Edition
ISBN: 9781305648104
Author: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher: Cengage Learning
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Chapter 11, Problem 4CQ
To determine
Budget deficit, source to finance budget deficit, and Keynesian’s view on the impact of budget deficit on aggregate demand.
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According to Keynesians, when should the federal government run a deficit and when should it run a surplus?
According to Keynesians, when should the federal government run a budget deficit and when should it run a surplus?
According to Keynesian economics, what impact would a balanced budget amendment to the constitution requiring the federal government to balance its budget annually have on the economy?
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MindTap Economics, 1 term (6 months) Printed Access Card for Gwartney/Stroup/Sobel/Macpherson's Macroeconomics: Private and Public Choice, 16th (MindTap Course List)
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