Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Why does budget deficit causes fall in investment? and why do we need to finance budget deficit. What is the meaning of Sustained tax and
- Why does budget deficit causes fall in investment? and why do we need to finance budget deficit.
- What is the meaning of "Sustained tax and spending policies that boost consumption in ways that reduce the saving rate are likely to lower long-run living standards." And why do most economist agree on this statement.
- What do you mean by, government finances deficits by borrowing (selling government bonds) and provide real example.
- Why markets are usually a good way to organize economic activity
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started