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    Principles of Macroeconomics Study Set 11
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    Exam 15: Financial Crises, Stabilization, and Deficits
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    Using Scenario 1, If GDP Decreases to $ 9
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Using Scenario 1, If GDP Decreases to $ 9

Question 33

Question 33

Essay

Using Scenario 1, if GDP decreases to $ 9.8 trillion, how much will the deficit change by? Explain.

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Since this is a $200 billion d...

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