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Describe the role, including limitations, that you see fiscal policy playing in an economic downturn. Is it wiser, in your opinion, to rely on built-in
- Describe the role, including limitations, that you see fiscal policy playing in an economic downturn.
- Is it wiser, in your opinion, to rely on built-in stabilizers to moderate fluctuations in economic activity rather than utilizing more activist discretionary policies designed to offset sudden declines in GDP?
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
1st Edition
978-1464146978, 1464146977
