The existence of a budget deficit or a budget surplus tells us very little about the stance

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‘The existence of a budget deficit or a budget surplus tells us very little about the stance of fiscal policy.’ Explain and discuss.

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Essential Economics For Business

ISBN: 9781292728940

7th Edition

Authors: John Sloman, Elizabeth Jones

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Question Posted: Mar 24, 2024 08:00 AM

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The existence of a budget deficit or a budget surplus tells us very little about the stance

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The stance of fiscal policy depends on its effect on aggregate demand If it ...View the full answer

Essential Economics For Business

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