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Q2.(a). How the budget deficit and current account deficit are related to each other? Explain. (b). There are various factors which affect the desired stock

Q2.(a). How the budget deficit and current account deficit are related to each other? Explain.

(b). There are various factors which affect the desired stock of capital. Discuss each and every one.

(d). What does Ricardian equivalence proposition state? Explain

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