To decrease the federal deficit government would have to, Ask an Expert

Economics

To decrease the federal deficit, government would have to cut back on government buy, transfer payments, or increase taxes. How does the federal deficit affect GDP and multiplier? Would an attempt to reduce the budget deficit not increase it? Does today's deficit not create tomorrow's surplus?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9308985

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