Business, 22.04.2020 01:49 acoverupoze5th

One of the long-run effects of higher government budget deficits is growth in the economy's private sector at the same time the government sector shrinks. a redistribution of real Gross Domestic Product (GDP) away from government-provided goods and toward more privately provided goods. a fall in the equilibrium price level. an increase in the government's share of the nation's economic activity.

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One of the long-run effects of higher government budget deficits is growth in the economy's private...

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