Question: - Explain how changes in fiscal policy can affect different sections of society, using examples? What are the economic and social reasons for more progressive
- Explain how changes in fiscal policy can affect different sections of society, using examples? What are the economic and social reasons for more progressive fiscal policy? (Hint: Think about the multiplier)
- Explain fiscal drag and how i might affect lower income tax payers
Can you please answer the questions in a detailed way? Furthermore, can you please add the references? thank you
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