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    Principles of Macroeconomics Study Set 11
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    Exam 9: The Government and Fiscal Policy
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    What Do Economists Mean by the Concept of a Full-Employment
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What Do Economists Mean by the Concept of a Full-Employment

Question 6

Question 6

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What do economists mean by the concept of a full-employment budget? Explain your answer in relation to the structural and cyclical deficit.

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The full-employment budget is what the f...

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