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economy. Howard 2001 avoid recession o High budget deficit = long term high interest rates, low national savings and increase...
economy through fiscal policy, principally by deliberately having government borrow to spend more than it takes in (running a budget deficit) to increase...
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resulted in the budget deficit in1989 having increased to R100 ... failed to salvage the economy.Although some of the ... of NEP. His aim wasto cause output to double by...