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Budget deficits

from Abena Charles (abenahasina@hotmail.com)
If a country has a balanced government budget but a large growing account deficit and a very low level of savings what must they do to expand their level of investment and import more than it exports.

Now if this country runs into a recession what will happen in the short run to the level of national income, net exports, international borrowing, and unemployment.

(posted 7074 days ago)

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