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4.5 Role of the state in the macroeconomy

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Question 16

Explain the likely consequence of a nation transitioning from a strictly balanced budget to running persistent annual budget deficits on the absolute size of its national debt.

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4.5 Role of the state in the macroeconomy Questions

  1. A Level
  2. /Economics
  3. /4.5 Role of the state in the macroeconomy