economics – Budget deficit

economics – Budget deficit

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Using an appropriate diagrammatical framework to model your answer, discuss the long term effects (in the key textbook Blanchard these are referred to as the “medium run” effects) of a policy aimed at cutting the budget deficit. In particular explain how this would change the composition of output of the economy? Briefly comment on if; recent changes in the macroeconomic monetary variables for the UK economy seem to fit in with your explanation for the question above?

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Using your own words, describe and discuss the article by Michael Bury: Chronic illness as biographical disruption, by talking about the premise of the article and how the author addresses their central question.

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Using your own words, describe and discuss the article by Michael Bury: Chronic illness as biographical disruption, by talking about the premise of the article and how the author addresses their central question.62

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