1. An increase in government expenditure financed by borrowing (running a larger budget deficit) necessarily leads GDP t

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1. An increase in government expenditure financed by borrowing (running a larger budget deficit) necessarily leads GDP t

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1 An Increase In Government Expenditure Financed By Borrowing Running A Larger Budget Deficit Necessarily Leads Gdp T 1
1 An Increase In Government Expenditure Financed By Borrowing Running A Larger Budget Deficit Necessarily Leads Gdp T 1 (12.31 KiB) Viewed 26 times
1. An increase in government expenditure financed by borrowing (running a larger budget deficit) necessarily leads GDP to rise by more than the increase in gov- ernment expenditure according to the IS-LM model.
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