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According to Keynesian economics, what impact would a balanced budget amendment to our constitution have on our national economy
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11 votes
According to Keynesian economics, what impact would a balanced budget amendment to our constitution have on our national economy

User Buboh
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19 votes

Answer:

By requiring a balanced budget every year, no matter the state of the economy, such an amendment would raise serious risks of tipping weak economies into recession and making recessions longer and deeper, causing very large job losses.

Step-by-step explanation:

User Yannis Vassiliadis
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