1.16. What fiscal policy actions would you recommend in the following instances? (LO26-4) a. The economy begins...

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1.16. What fiscal policy actions would you recommend in the following instances? (LO26-4)

a. The economy begins at potential output, but foreign economies slow dramatically.

b. The economy has been operating above potential output and inflationary pressures rise.

c. A new technology is invented that significantly raises potential output.

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Economics

ISBN: 9781259193156

10th Edition

Authors: David Colander

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