Question
Discuss why fiscal multiplier may be significant in the short run, in the long run it may turn negative. Knowing what you do about the
Discuss why fiscal multiplier may be significant in the short run, in the long run it may turn negative. Knowing what you do about the effects of fiscal policy on interest rates and the nation's debt, do you agree this may be possible?
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The fiscal multiplier measures the impact of changes in government spending or taxation on overall e...
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
