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Discuss Expansionary Fiscal Policy. Who is responsible for implementing fiscal policy? (2 marks) What may be adjusted to implement the policy? (2 marks) According to

Discuss Expansionary Fiscal Policy. Who is responsible for implementing fiscal policy? (2 marks) What may be adjusted to implement the policy? (2 marks) According to studies, fiscal policy can be slow to react to economic situations. Identify and discuss one reason why this may occur. (3 marks)

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