
Macroeconomics 15th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
Edition 15ISBN: 9781305176799
Macroeconomics 15th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
Edition 15ISBN: 9781305176799 Exercise 4
What is a budget deficit How are budget deficits fi- nanced Why do Keynesians believe that budget deficits will increase aggregate demand
Explanation
According to Keynes the amount of spendi...
Macroeconomics 15th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
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