4. Some economists have proposed the rule that the cyclically adjusted budget deficit always be balanced. Compare

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4. Some economists have proposed the rule that the cyclically adjusted budget deficit always be balanced. Compare this proposal to a strict balanced-budget rule. Which is preferable?

What problems do you see with the rule requiring a balanced cyclically adjusted budget?

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Macroeconomics

ISBN: 9781429218870

7th Edition

Authors: N. Gregory Mankiw

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Question Posted: Sep 27, 2024 09:00 AM

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4. Some economists have proposed the rule that the cyclically adjusted budget deficit always be balanced. Compare

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Macroeconomics

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