Economics (MindTap Course List)
Economics (MindTap Course List)
13th Edition
ISBN: 9781337617383
Author: Roger A. Arnold
Publisher: Cengage Learning
Question
Chapter 11, Problem 8WNG

(a)

To determine

Illustrate graphically when the fiscal policy destabilizes the economy.

(b)

To determine

Illustrate graphically when the fiscal policy eliminates the inflationary gap.

(c)

To determine

Illustrate graphically when the fiscal policy partly eliminates a recessionary gap.

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