Federal Budget: Economics and Politics
By Michael J. BoskinThe relationship between budget deficits or public debt and real economic activity has sparked a tremendous debate. For example, various strands of thought argue that deficits are (1) inflationary, (2) expansionary, (3) alter the composition of output away from investment and net exports, or (4) do not matter. The mechanisms by which these effects occur are also widely debated.
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Book details
- Paperback
- 411 pages
- English
- 0917616480
- 978-0917616488
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