
Macroeconomics 8th Edition by David Colander
Edition 8ISBN: 978-0077398088
Macroeconomics 8th Edition by David Colander
Edition 8ISBN: 978-0077398088 Exercise 1
Two economists are debating whether the target rate of unemployment is 4 percent or 6 percent. Mr. A believes it's 4 percent; Ms. B believes it's 6 percent. One says the structural deficit is $40 billion; the other says it's $20 billion. Which one says which? Why?
Explanation
Fiscal policy is the tool used by govern...
Macroeconomics 8th Edition by David Colander
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