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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

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