What is budget deficit and how is related to government debt

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Reference no: EM13985895

Write 1 page on debt and deficit and include answers to the following:

What is budget deficit and how is it related to Government debt?

What is cyclical adjustment to deficit and how does it help to understand the stance of fiscal policy?

What is crowding out? How does budget deficit crowd out investment?

Why a high level of government debt is a matter of concern?

Reference no: EM13985895

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What is budget deficit and how is related to government debt : What is budget deficit and how is it related to Government debt? What is cyclical adjustment to deficit and how does it help to understand the stance of fiscal policy? What is crowding out? How does budget deficit crowd out investment? Why a high lev..

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