Explain, using the AD‐AS model, how the South African Government can use fiscal policy as a tool to recover from the negative effects of this COVID‐19 pandemic.   Your answer must include the following:   The description of the type of fiscal policy required; (4)  An explanation of how the implementation of this tool will work their way through the economy to achieve the desired effect; (6)  The AD‐AS graph showing the implications of your recommendations. (5)

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter13: Federal Deficits, Surpluses, And The National Debt
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Problem 20SQ
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Explain, using the AD‐AS model, how the South African Government can use fiscal policy as a tool to recover from the negative effects of this COVID‐19 pandemic.   Your answer must include the following:   The description of the type of fiscal policy required; (4)  An explanation of how the implementation of this tool will work their way through the economy to achieve the desired effect; (6)  The AD‐AS graph showing the implications of your recommendations. (5) 

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