Archives for fiscal deficit essay
Top 10 Books for Studying Macroeconomics
Macroeconomics is the branch of economics that studies aggregate level behavior and economic phenomenon such as Price level, inflation, unemployment, national income and output level and GDP growth rate, interest…
The linkage between fiscal deficit and real interest rate: Theory and empirical evidence
Under the neoclassical perspective the theory of interest rate determination is postulated under saving- investment equality in the market of loanable funds. Increased government borrowing increases the demand for loanable…