Most economists believe that fiscal policy can help move the economy in a desired direction but cannot

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Most economists believe that fiscal policy can help move the economy in a desired direction but cannot reliably be used to fine-tune the economy to a position of price stability and full employment. Nevertheless, fiscal policy is a valuable backup tool for aiding monetary policy in fighting significant recession or inflation.

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Economics Principles Problems And Policies

ISBN: 9780073511443

19th Edition

Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn

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