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Assume that this economy is currently running a major deficit. if the government pursues policies that would go from a deficit to a surplus.

EXPLAIN in your own words what policy options might the government pursue to achieve a
surplus

User Ryan White
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1 Answer

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Answer: While higher tax rates, reduced government spending, and reduced transfer payments improve the budget and sometimes result in a budget surplus, all of these policies reduce demand and moderate inflation.

User Denis Fuenzalida
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