limefish264Lv1
15 Nov 2021
Problem 33
Page 740
Section: REVIEW QUESTIONS
Chapter 30: Government Budgets and Fiscal Policy
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15 Nov 2021
Introduction
Economists use various tools to measure and observe fiscal policy. Standardized Employment Budget is one such way though which one could observe the changes in tax and spending levels in an economy. It is a calculation of budget deficit and budge surplus in an economy which is producing at a potential GDP.
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