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Economics of Macro Issues 7th Edition by Roger LeRoy Miller,Daniel Benjamin
Edition 7ISBN: 978-0134018959Economics of Macro Issues 7th Edition by Roger LeRoy Miller,Daniel Benjamin
Edition 7ISBN: 978-0134018959 Exercise 6
Most states have laws or constitutional provisions that require them to quickly eliminate any budget deficits by either raising taxes or cutting spending. Can you suggest why states would have this rule, but the federal government would not?
Explanation
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Federal government spends on public good...
Economics of Macro Issues 7th Edition by Roger LeRoy Miller,Daniel Benjamin
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