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In fact, for the first of long-term development Indonesia has achieved successfully the high rate of economic growth. But, in this period a high rate of inflation occured. Since 1960 government has applied a deficit fiscal, in which total expenditure is over domestic income.

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Sriyana, J. (2016). Dampak Ekspansi fiskal terhadap inflasi: Studi empiris dengan pendekatan error correction model. Economic Journal of Emerging Markets, 6(2), 203–212.

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