One of the most debated areas in economics is balancing the budget. The major contention is...

One of the most debated areas in economics is balancing the budget. The major contention is on the timing of the policy. If the government were to operate under a strict balanced-budget rule, what do you think would it have to do in a recession? Should it follow the strict rule? Would that make the recession more or less severe? Why?

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Rahul Sunny answered 11 months ago

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