Do protectionist policies benefit producers

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Q1. Do protectionist policies benefit producers, consumers, workers, or the government? Explain. Explain how the "Buy American" theme hurts Americans.

Q2. Explain the tools used to pursue expansionary and contraction fiscal policy. During which phases of the business cycle would each be appropriate? b) Explain what is meant by a built-in stabilizer and give two examples.

Reference no: EM135408

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