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Difference between contractionary and expansionary fiscal

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Reference no: EM132249852

The topic is:

Government budget and fiscal policy works through the shift of aggregate demand and is most often used to tackle unemployment issues.

Questions:

  • What is the difference between contractionary and expansionary fiscal policy?
  • Which is more appropriate today?
  • Have you even experienced a depression?
  • Have you experienced a recession? How did it affect you?

Reference no: EM132249852

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