11. Suppose tax revenues equal $100 billion, government spending equals $130 billion, and the government borrows $25...

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11. Suppose tax revenues equal $100 billion, government spending equals $130 billion, and the government borrows $25 billion. How much do you expect the money supply to increase, given the government budget constraint?

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Macroeconomics

ISBN: 9781250781284

8th Edition

Authors: William Boyes, Michael Melvin

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