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1. Define Budget Deficit and Circular flow of income 2) Results = A reduction in the budget deficit leads to a reduction in net injections(government spending is an injection). Therefore a reduction i...

We cannot dirrectly intergrate ln(x), so instead we intergrate 1ln(x) using intergration by parts.
The formula for intergration by parts is: ∫ (udv/dx) dx = uv − ∫ vdu/dx dx .
We le...