Are discretionary changes in fiscal policy likely to be instituted in a manner that will help smooth
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Are discretionary changes in fiscal policy likely to be instituted in a manner that will help smooth the ups and downs of the business cycle? Why or why not?
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Discretionary changes in fiscal policy such as changes in government spending and taxation can potentially help smooth the ups and downs of the business cycle but their effectiveness in doing so depen...View the full answer
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Related Book For
Macroeconomics Private And Public Choice
ISBN: 9780357134009
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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