Changes in government spending also taxes positively

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Q. As the price level increases, the amount of goods also services that consumers, businesses also governments desire to purchase will change. Elucidate how will this be illustrated?

Q. Write a 350- to 700-word memo addressing the subsequent: • Describe the use of Gross Domestic Product (GDP) to measure the business cycle.

• Describe the roles of government bodies that conclude national fiscal policies.

• Explain the effects of fiscal policies on the economy's production also employment. Elucidate how changes in government spending also taxes positively do or negatively affect the economy's production also employment?

Reference no: EM1320767

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