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Sketch a diagram of how sustained budget deficits cause low
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- If tax cuts don't cause enough economic growth, we might also need to reduce expenditures to reduce the deficit. Explain?Using a graphical analyses explore the consequences for a hypothetical developing economy, if the the rate of borrowing to fund a fiscal deficit is growing annually at a faster rate than GDP.What are some fiscal policies that might encourage economic growth ? Please answer this question carefully! What are some fiscal policies that might improve a society's human capital? Please answer this question carefully! How would you expect larger budget deficits to affect a private sector investment in physical capital? Why? Please answer this question carefully!
- Considering the impact of fiscal policy on economic growth, how might a progressive federal tax system influence income distribution and overall consumer spending behavior?Explain how the government can use fiscal policy for capital formation in the process of economic development. Thanks.When are larger deficits desirable?