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A well planned forward looking Fiscal policy equally supported by monetary policy is essential for the long lasting economic growth of a country. a) When
A well planned forward looking Fiscal policy equally supported by monetary policy is essential for the long lasting economic growth of a country. a) When the inflation is due to the input prices, how will contractionary monetary policy impact the economy? b) Recent global turmoil due to the aftermath of Covid-19 has led to decreased income and cautionary spending which initiated the recessionary trend in the economy. Given the situation, what Fiscal policy options does the Government has and what measures do you suggest to beef up the demand.
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