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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 1 year ago
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