If inflation becomes too high, the government can use fiscal policy to slow the economy down some and help bring it down. This is an example of ACautionary policy B Contractionary policy Expansionary policy
If inflation becomes too high, the government can use fiscal policy to slow the economy down some and help bring it down. This is an example of ACautionary policy B Contractionary policy Expansionary policy
Chapter7: Unemployment And Inflation
Section: Chapter Questions
Problem 4.10P
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