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What is a budget deficit

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Reference no: EM138277

Q1. What is a budget deficit? Explain how are budget deficits financed? Why do Keynesians believe that budget deficits will increase aggregate demand?

Q2. Understanding Supply and Demand in lecture what is the difference between a changes in demand versus a change in quantity demanded? Explain change in supply versus a change in quantity supplied? Elucidate why is it so important to differentiate between these similar-sounding terms?

Reference no: EM138277

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