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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Principles Of Macroeconomics

ISBN: 9780374146412

10th Edition

Authors: Karl E. Case, Ray C Fair, Sharon C Oster

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