How will the outcomes in the loanable funds market differ if Indias government budget deficit is 3.8

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How will the outcomes in the loanable funds market differ if India’s government budget deficit is 3.8 percent or 7 percent of GDP?

India’s government budget deficit is 4.6 percent of GDP in 2019–2020. The government projected a deficit of 3.8 percent of GDP in 2020–2021, but experts think 6–7 percent is more likely because of the effects of Covid-19.

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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Question Posted: Jan 27, 2024 10:02 PM

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How will the outcomes in the loanable funds market differ if Indias government budget deficit is 3.8

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In economics the loanable funds market is a hypothetical market that illustrates the market outcome of the demand for funds generated by borrowers and ...View the full answer

Economics

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