Assume there is no discretionary increase in government spending. Explain how an improving economy will affect the
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Assume there is no discretionary increase in government spending. Explain how an improving economy will affect the budget balance and, in turn, investment and the trade balance.
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An improving economy can have significant effects on the budget balance investment and the trade balance even if there is no discretionary increase in government spending Lets break down these effects ...View the full answer
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