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Balanced Budget Multiplier |
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Balanced Budget Multiplier A situation in which a government increases spending and taxes at a rate that keeps its budget in balance. It is thought that some of the money collected in increased taxes comes from what people otherwise would have saved. Because the government then spends the money, spending is increased in the aggregate, which drives economic growth. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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