What is a budget deficit? How are budget deficits financed? Why do Keynesians believe that budget deficits will increase aggregatedemand?5. From a stabilization standpoint, why is proper timing of a...


What is a budget deficit? How are budget deficits financed? Why do Keynesians believe that budget deficits will increase aggregatedemand?5. From a stabilization standpoint, why is proper timing of a change in fiscal policy important? Is it easy to time fiscal policy changes properly? Why or why not?



May 18, 2022
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