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You are a minister of Pancraziland, a small-open economy country. During a cabinet meeting another minister says: We need to run a current account deficit.
You are a minister of Pancraziland, a small-open economy country. During a cabinet meeting another minister says: "We need to run a current account deficit. To do so, we should reduce this year taxes. Do you agree?" Provide with a clear answer to that question, making sure that you consider all the possible elements
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Economics Principles and Policy
Authors: William J. Baumol, Alan S. Blinder
12th edition
978-0538453677, 538453672, 978-0538453622, 538453621, 978-0538453653
