Explain how, under certain conditions, expansionary fiscal policy can remove an economy from a recessionary gap.

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:22 AM

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Explain how, under certain conditions, expansionary fiscal policy can remove an economy from a recessionary gap.

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In the above figure the economy is in a recessionary gap at point 1 As...View the full answer

Economics

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