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Concept Introduction:
Expansionary Fiscal policy: This policy is followed by the government to expand the production activities in the economy, this is done by increasing the expenses of the government and cutting the earnings of the government.
Contractionary Fiscal policy: This policy is followed by the government to contract the production activities in the economy, this is done by reducing the expenses of the government and increasing the earnings of the government.
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Chapter 13 Solutions
MACROECONOMICS IN MODULES
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