Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter30: Government Budgets And Fiscal Policy
Section: Chapter Questions
Problem 34RQ: What are some practical weaknesses of discretionary fiscal policy?
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Question
20)Using the short-hand symbols G, Y, Md, r and I to demonstrate the effects of an expansionary fiscal policy.
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