Solved: What is a government budget deficit, Macroeconomics

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What is a government budget deficit

Question 1. What is a government budget deficit? How does a federal budget deficit affect the economy? How does it affect the level of investment and interest rates? How does it affect the individual consumer? Give at least three examples in your response.

Question 2. Are unions good or bad for the economy? How do unions at GM and Ford affect employment levels and wages? How do unions affect other industries in terms of employment and wage levels?

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Macroeconomics: What is a government budget deficit

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