What is a budget deficit? How are budget deficits financed? Why do Keynesians believe that budget deficits

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What is a budget deficit? How are budget deficits financed? Why do Keynesians believe that budget deficits will increase aggregate demand?

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Sep 19, 2013 04:48 AM

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What is a budget deficit? How are budget deficits financed? Why do Keynesians believe that budget deficits

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This refers to the gap between government spending G and tax revenues T A fiscal debt is a si...View the full answer

Macroeconomics

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