Plesae explain briefing how fiscal policy works, what are spending multipliers, when is the spending multiplier small or large, what policy and implementation lags affect the potency of fiscal policy, and what is the relationship between budget deficits and national public debt and their implications.
Plesae explain briefing how fiscal policy works, what are spending multipliers, when is the spending multiplier small or large, what policy and implementation lags affect the potency of fiscal policy, and what is the relationship between budget deficits and national public debt and their implications.
Chapter1: Making Economics Decisions
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Plesae explain briefing how fiscal policy works, what are spending multipliers, when is the spending multiplier small or large, what policy and implementation lags affect the potency of fiscal policy, and what is the relationship between budget deficits and national public debt and their implications.
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