Government Budget Surplus in Kuwait Despite a substantial decline in government revenues following a sustained decline in
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Government Budget Surplus in Kuwait Despite a substantial decline in government revenues following a sustained decline in oil prices, Kuwait continues to report budget surpluses because of decreased government expenditure. Explain the effect of Kuwait’s budget surplus on its investment, real interest rate, and economic growth.
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A government budget surplus is an indication that a governments revenue exceeds its expenditures during a given period In the case of Kuwait even thou...View the full answer
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