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Major Debates over Macroeconomic Policy
Select two subjects from the following list of topics and write a 1,050-word analysis:
• Active monetary and fiscal policy• Increased government spending to fight recessions• Reducing federal government's discretionary powers• Zero-inflation target• Balanced government budget• Tax incentives for saving
Evaluate both the advocates' position and the critics' position.
Determine which position you support and defend your position.
Cite a minimum of 3 peer-reviewed sources not including your textbook. Peer-reviewed means that the article was reviewed by scholars and meets certain standards with regards to a publication or a discipline. Peer reviewed/scholarly articles are typically written by professors or specialists. A great clue that something is peer reviewed or scholarly: The article contains a list of references or cites.
Do not use sources such as 'Wikipedia'.Format consistent with APA guidelines.
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Why do the economists use real GDP rather than nominal GDP to gauge economic well-being and discuss critically GDP as a measure of economic welfare and how each of the following events is likely to affect GDP?
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