naFurmPeraytr naFurmPeraytr

09-11-2016
Business

Answered

What would happen to the budget deficit if the (

Agdp growth rate jumped from 2 percent to 4 percent?

Verified Answer :

MissPhiladelphia MissPhiladelphia

22-11-2016

Budget deficit is expressed in terms of monetary numbers or as a percentage of deficit to the gross domestic product (GDP). In other words, these two are inversely proportional. So, if the GDP growth rate increases from 2 to 4 percent, thus there is less budget deficit.

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