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Business, 21.04.2020 21:44 123iamthe1

If a country implements a countercyclical fiscal policy, the budget deficit is likely to rise during a recession. If the government borrows money to pay its bills, ▼ current future taxpayers are implicitly responsible for paying back the government's debts.

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If a country implements a countercyclical fiscal policy, the budget deficit is likely to rise during...

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