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Sunday 22 February 2015

Unit 2 & 4: Budget deficits and Surplus

Thank you once again to Riz (where are the rest of you?) for sending me this article on how the UK government has managed to turn a monthly deficit into a surplus. This is good news in terms of reducing the UK's overall national debt burden.

Questions to think about:

Is reducing the national debt a good thing?
What could be a downside to this?
How has the government managed to turn a deficit into a surplus.
What does this mean for future macroeconomic policy?

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