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What is the balanced-budget multiplier?

What is the balanced-budget multiplier?

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1) :-balanced-budget multiplier is defined as the ratio of change in the equilibrium level of output to a change in government spending where the change in government spending is balanced by a change in taxes so as there is no chance to create any deficit. The balanced-budget multiplier is equal to 1: which occure when the change in Y resulting from the change in G and the equal change in T are exactly the same size as the initial change in GorT.

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