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Assume the Philippines government adopted fiscal policy measures to reduce the severity oftyphoon Haiyan on the economy. Answer the questions below. i) Didtyphoon Haiyancause economic

Assume the Philippines government adopted fiscal policy measures to reduce the severity oftyphoon Haiyan on the economy. Answer the questions below.

i) Didtyphoon Haiyancause economic expansion or a recession? Explain your answer using at least two economic effects on the Philippines economy.

ii) Examine the effects of government expenditure as a fiscal policy measure on the Philippines economy.

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