Macroeconomic Strategy for the 1990s
Getting the Long Run Right
- Editore:
RAND
- EAN:
9780833014498
- ISBN:
0833014498
- Pagine:
- 46
- Formato:
- Paperback
- Lingua:
- Inglese
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Descrizione Macroeconomic Strategy for the 1990s
Increased consumption is frequently a better way of increasing investment than is increased saving. The drive to cut the deficit may thus exert a long-run downward pressure on growth and employment.
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