Illustrate what are the pros and cons of using expansionary

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Q. Illustrate what is the difference between contractionary and expansionary fiscal policy? Illustrate what are the pros and cons of using expansionary and contractionary fiscal policy tools under the following scenarios: depression, recession, and robust economic growth? Which do you think is more appropriate today?

Q. The price for a product increases from 0.75 to 1.00 while at the same time sale quantity of the product drops from 200 to 100 units per week then price elasticity of demand is

Reference no: EM1355662

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