Question
1. Explain how fiscal austerity (i.e., reducing the primary fiscal deficit) can reduce Debt/GDP or increase Debt/Equity . Explain also why, the more crowding out
1. Explain how fiscal austerity (i.e., reducing the primary fiscal deficit) can reduce Debt/GDP
or increase Debt/Equity . Explain also why, the more crowding out there is, the more we
expect fiscal austerity to reduce Debt/GBP .
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Industrial Relations in Canada
Authors: Fiona McQuarrie
4th Edition
978-1-118-8783, 1118878396, 9781119050599 , 978-1118878392
