The details change from year to year but the central issue remains: should fiscal policy focus on
Question:
The details change from year to year but the central issue remains: should fiscal policy focus on stimulating demand to achieve full employment and redistribute income from the richest to the rest? Or should the focus be on strengthening the incentives to invest, save and work and on lowering the ratio of government debt to GDP to increase potential GDP and speed economic growth?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Economics
ISBN: 9781118150122
10th European Edition
Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews
Question Posted: