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ECONOMIC FALLACIES II
Publication year - 1989
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1989.tb01125.x
Subject(s) - deficit spending , economics , current account , economic policy , macroeconomics , exchange rate , debt
‘It is surely the current account deficit, rather than the budget deficit, which is the most important economic problem facing the new Administration ‐ the budget deficit is by no means large when measured relative to the supply of savings from which it must financed.

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