The U.S. budget deficit has reached a record high of ($2.1) trillion during the first eight months

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The U.S. budget deficit has reached a record high of $$2.1$ trillion during the first eight months of the fiscal year. The deficit is propelled by expenditures on jobless benefits, nutrition assistance, and Covid-19 relief programs.

Explain the effect of the U.S. budget deficit on U.S. investment, the real interest rate, and economic growth.

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Macroeconomics

ISBN: 9780137470822

14th Edition

Authors: Michael Parkin

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Question Posted: Apr 07, 2024 04:00 AM

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The U.S. budget deficit has reached a record high of ($2.1) trillion during the first eight months

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The US budget deficit increases the demand for loanable fund...View the full answer

Macroeconomics

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