Consequences of budget deficit


Question 1:

What are the principal reasons why markets fail to generate efficient outcomes?

Question 2:

Diminishing budget deficit is one of the major objectives of Mauritian Government.  According to you, what is a budget deficit?

Question 3:

The budget deficit can have unfavourable effects.  What are the consequences of budget deficit?

Question 4:

What is the Mauritian Government doing to cure budget deficit?

Question 5:

What do economists mean when they say economy is Pareto efficient?

Question 6:

What basic situations have to be satisfied if markets are to be proficient?

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Macroeconomics: Consequences of budget deficit
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