Suppose congress is able to reduce its budget deficit
Suppose Congress is able to reduce its budget deficit permanently. Using the growth model, graphically illustrate the impact of a permanent deficit reduction on the steady-state capital-labor ratio and the steady state level of output per worker.
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httpswwwyoutubecomwatchvnrvpzxmfkauampfeatureyoutubegdataplayerwrite a paragraph for each question citing the textbook
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