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Why is it so difficult to estimate the effect of Government spending on the economy and how have economists addressed the problems?
Why is it so difficult to estimate the effect of Government spending on the economy and how have economists addressed the problems?
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Estimating the effect of government spending on the economy is difficult due to several factors 1 Endogeneity Government spending is not random It is ...
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Macroeconomics Principles And Policy
Authors: William J. Baumol, Alan S. Blinder
11th Edition
0324586213, 978-0324586213
