What is the new value of GDP? What is the new government budget deficit? What happens to
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What is the new value of GDP?
What is the new government budget deficit? What happens to GDP if the F-L amendment is in effect and spending is cut to reach the deficit target? (Hint: Spending must be cut by
$21.666 billion to balance the budget.)
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Related Book For
Principles Of Macroeconomics
ISBN: 9780374146412
10th Edition
Authors: Karl E. Case, Ray C Fair, Sharon C Oster
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