The U.S. economy is in recession and has a large recessionary gap. Describe what automatic fiscal policy

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The U.S. economy is in recession and has a large recessionary gap. Describe what automatic fiscal policy might occur. Describe a fiscal stimulus that could be used that would not increase the budget deficit.

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 22, 2018 01:14 AM

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The U.S. economy is in recession and has a large recessionary gap. Describe what automatic fiscal policy

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One automatic fiscal policy that kicks in results from the point that th...View the full answer

Foundations of Macroeconomics

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