if the economy is currently at 8% unemployment 3% inflation and the president is considering using expansionary
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if the economy is currently at 8% unemployment 3% inflation and the president is considering using expansionary fiscal policy to reduce unemployment to 4%, what can you tell the president about the likely results of her actions?
If you take into account the public's expectations, what may happen if the president uses expansionary fiscal policy for an extended period of time?
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Authors: Steven M Glover, Douglas F Prawitt
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