The government’s budget surplus in Macroland has risen consistently over the past five years. Two government policy make
Posted: Sun May 08, 2022 9:47 am
The government’s budget surplus in Macroland has risen
consistently over the past five
years. Two government policy makers disagree as to why this has
happened. One argues
that a rising budget surplus indicates a growing economy; the other
argues that it shows
that the government is using contractionary fiscal policy. Which
policy maker do you
believe is correct, and why?
consistently over the past five
years. Two government policy makers disagree as to why this has
happened. One argues
that a rising budget surplus indicates a growing economy; the other
argues that it shows
that the government is using contractionary fiscal policy. Which
policy maker do you
believe is correct, and why?