Economics (MindTap Course List)
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Economics (MindTap Course List)
Explain how, under certain conditions, expansionary fiscal policy can destabilize the economy.
Identify the conditions that expansionary fiscal policy destabilizes the economy.
Generally, the government follows an expansionary fiscal policy to stabilize the economy when it faces a recessionary gap. Although to implement the fiscal policy properly, the government needs the data about the natural real gross d...
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