Question
Using common sense (and not Keynesian theory), discuss the amount of stimulative effect we can expect, depending on how the stimulus is financed: by taxes,
Using common sense (and not Keynesian theory), discuss the amount of stimulative effect we can expect, depending on how the "stimulus" is financed: by taxes, by borrowing from the U.S. population, by borrowing from foreigners, or by borrowing from the Fed. What are the long term consequences?
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Microeconomics A Contemporary Introduction
Authors: William A. McEachern
9th edition
978-0538453714, 538453710, 978-1111415921
