Day: January 15, 2021

Using Fiscal Policy to Fight Recession, Unemployment, and Inflation

OpenStax Fiscal policy *Explain how expansionary fiscal policy can shift aggregate demand and influence the economy *Explain how contractionary fiscal policy can shift aggregate demand and influence the economy Fiscal policy is the use of government spending and tax policy to influence the path of the economy over time. Graphically, we see that fiscal policy, …

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