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Economics A Level (DONEEEEEEE)

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Pregunta:

What happens if a Budget Deficit is Caused by a 1. Loose Cyclical Budget Position 2. Loose Structural Budget Position

Autor: eric_galvao



Respuesta:

1. This is a Cyclical Budget Deficit, and should be Balanced out by the Budget Surplus made during Boom Times 2. This is a Structural Budget Deficit, and this will Add to the National Debt


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