The federal government ran a budget surplus in the late 1990 and in the year 2000, but has since returned to running a budget deficit. Present an analysis that identifies any long term gains which could result from a reduction in the budget deficit. (Analyze the composition of output.)
The federal government ran a budget surplus in the late 1990 and in the year 2000, but has since returned to running a budget deficit. Present an analysis that identifies any long term gains which could result from a reduction in the budget deficit. (Analyze the composition of output.)
Chapter17: Federal Deficits, Surpluses, And The National Debt
Section: Chapter Questions
Problem 2SQ
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The federal government ran a budget surplus in the late 1990 and in the year 2000, but has since returned to running a budget deficit.
- Present an analysis that identifies any long term gains which could result from a reduction in the budget deficit. (Analyze the composition of output.)
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