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What is balanced budget multiplier

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What is balanced budget multiplier

    • Posted by Elizabeth Benny 6 years, 11 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Pragati Aggarwal 6 years, 11 months ago

    Balanced Budget Multiplier is the ratio of the change in aggregate output (GDP) to a change in government spending, which is matched by an equal change in taxes

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