Saudi Arabia posts $7.4 billion budget surplus The Saudi Finance Minister said that higher oil revenue and
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Saudi Arabia posts $7.4 billion budget surplus The Saudi Finance Minister said that higher oil revenue and the introduction of value-added taxation and subsidy cuts have moved the country's budget from a deficit to a surplus.
Explain the effect of Saudi Arabia’s budget surplus on the loanable funds market in Saudi Arabia. How will the budget surplus influence economic growth?
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The budget surplus increases the supply of loanable funds Th...View the full answer
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