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|c 5.00 USD
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|z 9781557756244
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|a 1020-5098
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Fiscal Reforms That Work.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1997.
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|a 1 online resource (18 pages)
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|a Economic Issues
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Reducing the budget deficit is not easy. Keynesian theory suggests thatlowering government expenditures and raising revenues can lead to afalloff in economic activity. This paper argues the neoclassical approach - that a firm and credible reduction in expenditures, by engendering confidence that taxes will be less burdensome in the future,may lead to lower interest rates, boost consumption, and increaseinvestment spending.
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|a Mode of access: Internet
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|a Economic Issues; Economic Issues ;
|v No. 1997/002
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|z Full text available on IMF
|u http://elibrary.imf.org/view/books/051/15221-9781557756244-en/15221-9781557756244-en-book.xml
|z IMF e-Library
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