Explain effects of fiscal policies on economy-s production

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Reference no: EM1386292

Create the memo explaining the following:

a. Describe use of Gross Domestic Policy (GDP) to measure business cycle.

b. Describe the roles of government bodies which determine national fiscal policies.

c. Explain effects of fiscal policies on economy's production and employment. How do changes in government spending and taxes positively or negatively influence economy's production and employment?

Reference no: EM1386292

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