The details change from year to year but the central issue remains: should fiscal policy focus on

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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?

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Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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