Deficits can be used to lower unemployment now

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Reference no: EM13770385

Summarize the arguments as to why we should not worry about the very large size of recent and current Federal deficits and our National debt. Make sure your essay clearly explains EACH of the following considerations

- Deficits naturally occur with business cycles

- Deficits can be used to lower unemployment now

- Deficits spending can stimulate long term economic growth

- Impact of R&D & public goods spending

- Impact of education investments

Reference no: EM13770385

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