10. Surveys suggest that most people are opposed to budget deficits, but these same people elected representatives...

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10. Surveys suggest that most people are opposed to budget deficits, but these same people elected representatives who in the 1970s and 1980s passed budgets with significant deficits. Why might the opposition to budget deficits be stronger in principle than in practice?

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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