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During the COVID recession, many governments implemented an expansionary fiscal policy to prevent deep recessions with uncertain long-term consequences. However, as a result, many governments
During the COVID recession, many governments implemented an expansionary fiscal policy to prevent deep recessions with uncertain long-term consequences. However, as a result, many governments accumulate significant amounts of additional debt. The payments may burden economies for generations to come. With that in mind, should governments implement expansionary fiscal policy or not?
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